Close Close
Sign In
Newsletters
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
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor

Life Health > Health Insurance

BenefitPoint Offering Purchasing Group Health Coverage

By Staff Writer

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

NU Online News Service, March 19, 12:38 p.m. – BenefitPoint Inc., San Francisco, says it is now marketing health coverage from BenefitsAlliance, a benefits purchasing group, through its Web-based benefits distribution system.

The alliance, which serves employers with 50 to 5,000 employees, tries to negotiate bigger discounts on health coverage than midsize employers could normally negotiate on their own. Participating employers can offer workers a choice of four different health plans, BenefitPoint says.

The BenefitsAlliance program also offers a full set of Web tools that benefits administrators can use to run the health plans.

BenefitPoint acquired BenefitsAlliance for $94 million in August 2001, according to press reports.

BenefitsAlliance was originally organized by five benefits advisory firms in 1997.

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.