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 > Life Insurance

Growth: Benefitfocus, Benefit Resource, Bankers Life and Humana, Reliance Standard

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

A benefit plan administrator that serves government contractors has picked online enrollment and benefit management technology from Benefitfocus.com Inc.

GSA Benefit Administrators Inc., Port Jefferson, N.Y., will be using systems from Benefitfocus, Charleston, S.C., to manage the medical benefits, voluntary benefits and other benefits it offers, and to exchange eligibility and benefits data with carriers, according to Benefitfocus.

GSA, which is also known as Government Service Administrators, works with carriers such as Aetna Inc., Hartford (NYSE:AET), and UnitedHealth Group Inc., Minnetonka, Minn. (NYSE:UNH).

In other business growth news:

- Benefit Resource Inc., Rochester, N.Y., has opened a new facility in Rochester to accommodate business growth.

Benefit Resource will start by employing 86 people in the new facility, and it hopes to add 13 to 17 employees over the next 6 months, the company says.

The benefits company also has offices in Chicago; Fort Lauderdale, Fla.; Los Angeles; New York, San Francisco; and Washington.

The company is planning to open offices in the Southeast and Southwest by the end of 2012.

Benefit Resource was founded in 1993. It has expanded sales in recent years by offering services such as health savings accounts, an online commuter benefits program, mobile phone capabilities and online claims submission, the company says.

- Bankers Life and Casualty Company, Chicago, a unit of CNO Financial Group Inc., Carmel, Ind. (NYSE:CNO), will be selling Medicare Part D prescription drug coverage from Humana Inc., Louisville, Ky. (NYSE:HUM), throughout the United States, the companies say.

Bankers Life agents will be selling the Humana prescription drug plan products through kiosks at hundreds of Walmart stores.

Bankers Life agents have already been selling Humana Medicare Advantage health plans and Humana dental and vision plans.

The 2012 Medicare open enrollment period is set to start Oct. 15 and end Dec. 7.

- Reliance Standard Life Insurance Company, a unit of Delphi Financial Group Inc., Philadelphia (NYSE:DFG), has started an employer stop-loss program aimed at employers with as few as 50 covered lives.

The company’s new RSL Risk Solutions program is available now in many states for policies with effective dates beginning Jan. 1, 2012, and later.

- Allison Bell

Other business growth coverage from National Underwriter Life & Health:


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.