Choice and Flexibility Are Key In Four-State Pilot Program
MILWAUKEE, Oct. 9 /PRNewswire/ -- As small business owners face further
hikes in healthcare costs, John Alden Life Insurance Company introduces
flexible, custom benefit solutions -- John Alden Options. A broad, yet
versatile portfolio of employee benefit solutions, John Alden Options is
designed for groups of two to 50. John Alden is a legal entity of Fortis
Health, one of the nation's leading health insurers of small business.
"At a time when consumer choice is becoming more imperative, we're excited
to help small businesses create the best plan for their benefit and financial
needs," said Kerri Mansberg, Vice President, Product Management for the John
Alden Small Group department. "We developed this portfolio based on feedback
from customers and added custom benefits to give them greater choice and
flexibility."
Small businesses can customize benefits to best suit their needs
John Alden Options combines the convenience of pre-packaged coverage with
the flexibility of customized benefits to meet employers' varying needs and
budgets. From the very richest protection to basic, catastrophic coverage, the
benefit portfolio includes a number of different medical insurance plans and a
versatile, yet uncomplicated tier design. "Since a single healthcare structure
often will not satisfy the needs of all employees," added Mansberg, "John
Alden also provides small employers with the option to offer multiple plan
designs and networks."
A unique assortment of valued benefits
In addition to the portfolio's health options that also include
prescription coverage and vision/alternative medicine discounts, John Alden
provides healthcare financing alternatives -- Medical Savings Accounts (MSAs),
Health Reimbursement Arrangements (HRAs), and Flexible Spending Accounts
(FSAs). Ancillary benefits available range from dental and dependent care
coverage to short-term disability, accidental death and supplemental life
insurance offerings. Depending on the tier selected, a higher education
benefit allows eligible dependent children to receive payment towards their
education costs.
Business owners may obtain quotes beginning September 29, 2003, and plans
are available with effective dates of November 1, 2003 and beyond. For more
information, contact a North Star Marketing representative at 1-877-225-5077
or for additional information see http://www.nstarmarketing.com .
About Fortis Health:
Fortis Health ( http://www.fortishealth.com ) is a national health insurance
company developing and providing individual medical, small group, short term
and student health insurance products, issued and underwritten by Fortis
Insurance Company, John Alden Life Insurance Company and Fortis Benefits
Insurance Company. In business since 1892, the company provides health
insurance coverage for over one million people nationwide. With almost 3,000
employees, Fortis Health is headquartered in Milwaukee, Wis., and has
operations offices in Minnesota, Idaho, and Florida, as well as sales offices
across the country.
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 year-end, 2002, Fortis had total assets of
approximately $500 billion. As one of the world's largest financial services
companies, Fortis ranks 73rd based on revenues on the Fortune 'Global 500'
(July 21, 2003) and 40th based on revenues on Forbes' International 500 list
(July 3, 2003).
SOURCE Fortis Health
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Related links:
http://www.fortishealth.com
CONTACT:
Michelle Love-Johnson of Seroka Public
Relations for Fortis Health, +1-262-523-3740, michelle@seroka.com
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