Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Health Insurance

Employee Assistance Programs In Spotlight

X
Your article was successfully shared with the contacts you provided.

NU Online News Service, Oct. 17, 4:25 p.m. – Benefit Partners, Omaha, Neb., has agreed to sell an employee assistance program administered by AffinityCare L.L.C., Wayzata, Minn.

The basic program offers telephone-based counseling and general advice on topics such as locating child care. A more expensive program offers face-to-face counseling sessions and more personalized telephone-based services.

Employers can buy program services on an employer-paid basis or a voluntary, employee-paid basis.

Benefit Partners is a unit of Jefferson-Pilot Financial Corp., Greensboro, N.C.

Meanwhile, in related news, Magellan Health Services Inc., Columbia, Md., the biggest provider of EAP services in the United States, is estimating that extra fourth-quarter costs resulting from the Sept. 11 attacks will amount to about $4 million, or less than 0.25% of annual revenue.

Employers and health plans that saw EAP programs doing a good job handling the crisis are probably more aware of the value of a comprehensive EAP program, according to Daniel Messina, president of Magellan.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.