BEN-E-LECT Acquires Affiliate Healthcare Administrators’ Advantage PLUS Plans

VISALIA, Calif.--(BUSINESS WIRE)--BEN-E-LECT today announced the acquisition of Affiliate Healthcare Administrators’ (AHA) Advantage PLUS plans, which provide medical, dental and vision benefits for employer groups throughout California and several other states including Arizona and Louisiana.

“With the acquisition of AHA’s Advantage PLUS plans, we reaffirm BEN-E-LECT’s position as one of the country’s leading health benefits administrators providing small and medium size businesses access to the high-quality, affordable health care coverage they need,” says Mark Reynolds, president of BEN-E-LECT. “The acquisition is in line with BEN-E-LECT’s growth objectives and enhances our strategic position in several key markets, particularly in Southern California.”

Similar to AHA, BEN-E-LECT administers HRAs, MERPs, HSAs, and partially self-funded medical, dental and vision plans, reducing healthcare costs for companies by an average of 30 percent while maintaining and in many cases improving benefits. The company helps employers customize their health benefits, to purchase group health insurance with higher deductibles than they would typically buy, and apply a portion of the premium savings to the plan benefits specific to the employer's design.

“This acquisition brings the expertise and financial stability necessary to best serve the needs of our employer groups and brokers,” explains Kevin Underwood, president of Moorpark-based AHA. “BEN-E-LECT shares our same commitment to raising the quality of health care, and can offer the advantage of more extensive resources and services such as its online quoting system and wider base of customer service representatives.”

Advantage PLUS plan employer groups and their brokers can expect a seamless transition over to BEN-E-LECT with no change or interruption to their coverage, assures Reynolds. “Their benefits will stay intact as well as their relationships with their current doctors and access to the same medical facilities.

“We are committed to helping employers tackle the high cost of health care so they can continue providing benefits to their employees,” he adds. “This acquisition will enable us to do so for more employers and continue servicing the brokers and agents representing them.”

About BEN-E-LECT

BEN-E-LECT is one of country’s leading third party administrators (TPAs) and an innovator of “employer driven” medical, dental, and vision plans for small to medium size groups. The company combines high deductible plans with its plan administration and claims services to offer employers savings in healthcare premiums while maintaining or improving their level of benefits. Established in 1987, BEN-E-LECT currently serves more than 2,000 small business groups in California and Colorado, totaling approximately 70,000 covered lives.