Pan-American Life Insurance Group Introduces Dental and Vision Discount Plans

Pan-American Life Insurance Group today announced the introduction of two new offerings to its expanding portfolio of ancillary products. A fully insured dental plan and a vision discount plan will now be offered as optional benefits on Pan-American Life’s signature Limited Benefit Medical product, PanaMed.

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“By expanding our supplemental benefit portfolio and enhancing our Limited Benefit Medical plans, we provide our group customers with a valued solution to their health care needs” said Carlo Mulvenna, Vice President Domestic Markets.

New Orleans, LA (PRWEB) November 18, 2010

Pan-American Life Insurance Group today announced the introduction of two new offerings to its expanding portfolio of ancillary products. A fully insured dental plan and a vision discount plan will now be offered as optional benefits on Pan-American Life’s signature Limited Benefit Medical product, PanaMed.

Members interested in dental will be offered discounted fees through Guardian’s DentalGuard Preferred Select Network, one of the industry’s largest dental preferred provider networks with over 125,000 dentist locations across the country.

The Vision Discount Plan, offered through Avesis National Vision Network, provides members significant savings from the retail prices on frames, discounts on eye exams, lenses, contact lenses and discounts on Lasik (refractive surgery) from more than 18,000 providers nationwide.

“By expanding our supplemental benefit portfolio and enhancing our Limited Benefit Medical plans, we provide our group customers with a valued solution to their health care needs” said Carlo Mulvenna, Vice President Domestic Markets. “The Dental and Vision Plans are two of many significant investments we are making to offer our customers more cost effective options.”

Pan-American Life’s Limited Benefit Medical plans are marketed by Pan-American Benefits Solutions, Inc., a member of the Pan-American Life Insurance Group.

About Pan-American Life
The Pan-American Life Insurance Group is a leading provider of insurance and financial services serving nearly half a million customers throughout the Americas. New Orleans-based Pan-American Life Insurance Company, the Group's flagship member, has been delivering trusted financial services since 1911, employing more than 700 worldwide, providing top-rated life and health insurance, worksite benefits and financial services in 47 states, the District of Columbia (DC) and Puerto Rico. The Group’s member companies offer individual and/or group life and health insurance throughout Latin America. The Group has branches and affiliates in Costa Rica, Colombia, Ecuador, El Salvador, Guatemala, Honduras, Panama, Puerto Rico, and the Cayman Islands. For more information, visit the Pan-American Life Web site at http://www.panamericanlife.com

About Pan-American Benefits Solutions, Inc.
Pan-American Benefits Solutions is a provider of group benefit programs that offer employers affordable group health benefits in the United States. Our signature product PanaMed, is issued by Pan-American Life Insurance Company, and features quality benefits, competitive pricing and the ability to customize offerings for a wide variety of industries including healthcare, hospitality, transportation, construction and agriculture, among others. As a member of the Pan-American Life Insurance Group, Pan-American Benefits Solutions draws on a heritage spanning nearly 100 years and the Group’s experience as a leading provider of insurance and financial services. For more information, visit the Pan-American Benefits Solutions Website at: http://www.panamericanbenefits.com

About Guardian
A mutual insurer founded in 1860, The Guardian Life Insurance Company of America and its subsidiaries are committed to protecting individuals, business owners and their employees with life, long-term care, disability income, group medical and dental insurance products, and offer 401(k), annuities and other financial products. Guardian operates one of the largest dental networks in the United States, and protects more than six million employees and their families at 120,000 companies. The company has more than 5,400 employees in the United States and a network of over 3,000 financial representatives in more than 80 agencies nationwide.

For more information about Guardian, please visit: http://www.GuardianLife.com. For Guardian’s new online resource center for employee benefits, please visit: aboutemployeebenefits.com.

About Avesis
Avesis offers a full array of vision care plans tailored to meet the needs of a diversified healthcare employee benefits and Medicaid/Medicare market. Their vision care product lines include stand-alone fully insured programs, ASO contracts, discount plans and turn-key, Private Label Solutions.

Founded in 1978, they have been refining their business of delivering premium vision, dental and hearing care services at substantial discounts and savings to their sponsors and members. Today, they cover more than 3,300,000 members in 50 states and Puerto Rico. For more information, please visit http://www.avesis.com

MEDIA CONTACTS:
Enrique Monzon / Pan-American Life Insurance Company
(504) 566-3648

Carolina Delgado / Pan-American Life Insurance Company
(504) 566-3150

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