MAG has successfully provided COBRA eligible some alternative options while mitigating some of our client’s highest risk.
Westmont, IL (PRWEB) August 22, 2014
Mid American Group (MAG), a leading employee benefit consulting firm, is pleased to announce an enhancement to their lineup of services provided through their affiliation as a full service third party administrator, BenefitsUSA (BUSA).
COBRA XChange℠ is a service that will run preliminary Healthcare Marketplace product pricing on a company’s active, and eligible, COBRA enrollees, pre-65 retirees and other interested parties for pre-qualification purposes. BUSA will conduct comprehensive evaluations on existing benefit plans for comparison to the Healthcare Marketplace-offered products. While BUSA professionals work with a company’s employees, some of those employees will wish to mirror the existing plan as closely as possible, while others will consider more risk with a higher deductible.
Michael Booth, President of MAG, says, “COBRA participants utilize insurance at a high rate. MAG has successfully provided COBRA eligible some alternative options while mitigating some of our client’s highest risk."
BUSA’s main goal is to direct qualified employees to the best benefit solutions, including possible Medicare and Medicaid qualification.
“Our specially licensed and trained advisors consult with COBRA actives and eligibles to determine the most suitable plan for their specific needs. Exploring solutions beyond COBRA can be a win-win for all, potentially reducing employer cost by minimizing claims,” says Darlene Czaja, VP of The Leading Edge© Administration. For more information on BUSA and MAG, please visit http://www.midamgroup.com.
Look for a future press release on BUSA’s mobile app, MAG WealthCare Mobile, dedicated to flex spending. BUSA’s app will be available for Android and Apple products.
As a full service third party administrator, BUSA has a portfolio of services companies can benefit from that’s comprised of COBRA, COBRA XChange℠ Flex Administration, Eligibility Services, On-line Enrollment, Benefits Website, and Total Compensation Statements.
About Mid American Group
Mid American Group is “value driven” innovative employee benefits consultancy and insurance brokerage firm. MAG offers services ranging from flexible spending administration, self-insured solutions, brokerage services to the most recent unique service offering, Cobra Exchange. MAG’s core business focus is mid-market employers with 100-2500 employees.