"APL’s supplemental medical, or ‘gap’ plans help SMBs attract and keep top talent by offsetting employee out-of-pocket expenses while reducing the overall costs for the employer."
HOPKINTON, Mass. (PRWEB) April 29, 2019
PrismHR, the leading HR software platform for Human Resource Outsourcing (HRO) service providers, today announced that American Public Life Insurance Company (APL) is now offering its broad range of insurance offerings through the PrismHR Insurance Alliance program.
PrismHR’s HRO customers can now offer their small and medium-sized (SMB) clients premier benefit solutions from APL, including group supplemental medical insurance products designed to control benefit costs for employers and reduce deductible pressures for employees.
“APL’s supplemental medical, or ‘gap’ plans help SMBs attract and keep top talent by offsetting employee out-of-pocket expenses while reducing the overall costs for the employer,” said Tim Pratte, Senior Vice President of Customer Success at PrismHR. “Our PrismHR Insurance Alliance is growing quickly, and APL’s products are a perfect example of the types of solutions we’re offering to our HROs that enable them to boost their value to their SMB clients.”
“APL is excited to have the opportunity to work with PrismHR to bring affordable employee benefits solutions to its network of HR service providers,” said Peggy Hayes, Vice President of Sales and Business Development for APL. “Our strength is providing non-traditional solutions for employers who are concerned about the rising costs of health insurance benefits. Using APL’s supplemental medical products, employers have found new ways to balance the need for affordable benefits with the challenge of attracting and retaining top talent.”
PrismHR Insurance Alliance
The PrismHR Insurance Alliance enables PrismHR’s service provider customers to offer a range of A-rated, competitively priced ancillary insurance products to their clients, including voluntary life insurance, group accident insurance, dental, vision and more. In addition, enrollment in Insurance Alliance products is streamlined, and administration and reconciliation are also simplified.
About American Public Life
Founded in 1945, American Public Life Insurance Company (APL) is expanding the benefits horizon as a leading provider of supplemental medical benefits, with offices in Jackson, MS and Oklahoma City. APL is licensed to conduct business in 49 states with sales through select independent brokers. APL has a financial rating of “A+ (Excellent)” through A.M. Best (http://www.ambest.com).
PrismHR creates exceptional software and services, empowering human resource outsourcing service providers such as Professional Employer Organizations (PEOs) and Administrative Service Organizations (ASOs) to deliver world-class payroll, benefits and HR to small and medium sized businesses. PrismHR software is used by more than 88,000 organizations and 2.2 million worksite employees, processing greater than $57 billion in payroll each year. For more information, visit http://www.prismhr.com.