DES PLAINES, Ill., WASHINGTON and MILWAUKEE, July 8 /PRNewswire/ --
Flexible Benefit Service Corporation (FBSC) announced today it has begun
providing a full range of Fortis Health Small Group health insurance solutions
to wholesaler-distributors through the National Association of
Wholesaler-Distributors' (NAW) InsureLink web site at
http://www.naw.org/business.html .
FBSC is the exclusive endorsed provider of health insurance solutions to
NAW, an organization that actively represents the interests of
40,000 wholesale distribution employer groups with 1.4 million employees.
Fortis Health is a leading national provider of Small Group medical coverage
and the nation's number one provider of Medical Savings Accounts.
"Fortis Health products are an extremely valuable addition to the coverage
choices we offer NAW," said Allen Wishner, CEO of FBSC. "This partnership
will help us continue to deliver on our promise to provide the widest range of
affordable health insurance options to wholesaler-distributors."
FBSC specializes in flexible compensation and defined contribution
concepts that use consumer-driven dynamics to help employers gain control of
health care costs without compromising quality of care. The company also
provides a seamless electronic infrastructure to ensure fast and accurate
servicing.
"We are very pleased to be working closely with FBSC and NAW to provide
Small Group health coverage solutions to wholesale distribution companies,"
commented Ben Cutler, President and CEO of Fortis Health. "In today's tough
small business environment, Fortis Health is committed to helping NAW find
innovative and affordable ways for wholesaler-distributors to manage their
health insurance needs."
About FBSC:
With more than 25 years of innovation and leadership in flexible
compensation plan design, Flexible Benefit Service Corporation (FBSC) is
dedicated to providing quality, cost-effective plans that meet the needs of
employers and their employees. The company offers expertise at helping
employers define their benefit contributions and cap their costs, while at the
same time providing employees with affordable benefit plan alternatives that
best meet their individual needs and lifestyles. FBSC has attained national
recognition and leadership in the growth of MSAs. It also provides and
administers its own line of alternative funding and discount concepts, as well
as a complete range of traditional insurance plans including health, life,
dental and vision. The company is a general agent for some of the leading
health insurance carriers in the U.S.
About NAW:
The National Association of Wholesaler-Distributors (NAW) is the
Washington, D.C.-based trade association that represents the wholesale
distribution industry. NAW is active in the areas of government relations and
political action; research and education; and group purchasing. The
association encompasses over 100 national line-of-trade associations,
representing virtually all products that move to market via
wholesaler-distributors; approximately 50 regional, state and local wholesale
distribution associations; approximately 40,000 wholesale distribution
companies, most of which belong to one or more of NAW's national, regional,
state and local associations; and 85,000 wholesale distribution company
personnel.
About Fortis Health:
Fortis Health is committed to helping Americans meet their health
insurance needs. In business since 1892, the company is a leader in the
Individual Medical, Small Group, Short-Term and Student Health insurance
markets. Fortis Health provides coverage for more than one million people
nationwide. Its products are underwritten and issued by Fortis Insurance
Company, John Alden Life Insurance Company and Fortis Benefits Insurance
Company. Fortis Health is headquartered in Milwaukee, Wisconsin, and has
operations offices in Minnesota, Florida, Idaho and Ohio.
Fortis Health is part of Fortis, Inc., a financial services company that,
through its operating companies and affiliates, has built leadership positions
in a number of specialty insurance market segments. Fortis, Inc. is part of
Fortis, a financial services provider active in the fields of insurance,
banking and investment. As of second quarter, 2001, Fortis had total assets
in excess of $400 billion. Fortis ranks 31st based on assets and 73rd based
on revenues on the Fortune "Global 500" and 42nd based on revenues on the
Forbes "International 500" list (July 23, 2001).
Fortis Health can be found on the Internet at http://www.fortishealth.com .
To learn more about the NAW/FBSC program:
Visit http://naw.flexiblebenefit.com or call toll-free (888) 345-7990.
SOURCE Fortis Health
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Related links:
http://www.fortishealth.com
CONTACT:
Allen Wishner of FBSC, +1-847-699-6900, or
awishner@flexiblebenefit.com , George D. Valiga of NAW,
+1-202-872-0885, or gvaliga@nawd.org , or Michelle Love-Johnson
of Fortis Health, +1-262-523-3740, or michelle@seroka.com
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