Indianapolis (July 13, 2010) – R. E. Moulton, Inc., a OneAmerica company, is pleased to announce the availability of an unlimited specific coverage reimbursement option for American United Life Insurance Company® (AUL) stop loss insurance policyholders, effective immediately. Additionally, for AUL policyholders requiring a maximum specific benefit, R.E Moulton will continue providing annual maximums with options of up to $10 million in coverage.
“We remain confident that self-funded health plan employers are best positioned to manage medical trends while adopting measures that are consistent with health reform laws,” said Bill Knarr, president of R.E. Moulton. “These actions speak to our commitment toward remaining a leading solutions-driven, flexible stop loss insurance source.”
As self-insured employers consider changes to their health plans to meet the regulatory obligations from federal health care reform laws and regulations, R.E. Moulton is working to develop risk solutions that are consistent with current demands. To that end, R.E. Moulton is implementing limited requirements to simplify the process for self funded health plans extending dependent health coverage to age 26. As employer plans begin to implement this change, R.E. Moulton will require only the submission of a valid plan amendment or other restated plan document in advance of the proposed effective date.
“With health care reform impacting the insurance marketplace, now more than ever, policyholders should consider the entire scope of their carrier when purchasing medical stop loss insurance coverage,” said Jim Hoitt, R.E. Moulton’s vice president of sales. “Long before health care reform was on the radar, the strength of the AUL stop loss insurance coverage has always been that it provides coverage based on the language stated within the employer’s plan document by not limiting reimbursements to specifically defined requirements.”
In addition to the peace of mind offered with an AUL contract, R.E. Moulton advocates that policyholders also consider the financial strength of the OneAmerica companies, along with R.E. Moulton’s 35-year reputation for trustworthiness and simplified claim procedures.
“R.E. Moulton’s seamless underwriting process and its direct affiliation with AUL provides policyholders with an exceptional level of customer service and value,” Knarr said. “As the face of health care reform takes shape in our country, our commitment toward putting our customers first will remain a priority.”
About R.E. Moulton
R.E. Moulton, Inc., a OneAmerica company, has been recognized as a leader in the medical stop loss insurance industry since the advent of self-funded health plans. R.E. Moulton’s legacy has been built on innovation, security, flexibility and quality products
and services. R.E. Moulton’s reputation for delivering on its promises remains the industry standard. As a competitive direct-writing entity for American United Life Insurance Company, and with a strong portfolio of cost management services, R.E. Moulton’s pioneering spirit has been enhanced. The comprehensive medical stop loss insurance products administered by R.E. Moulton are available to brokers and third party administrators nationwide.
About OneAmerica
OneAmerica Financial Partners, Inc., is headquartered in Indianapolis, IN. The companies of OneAmerica® can trace their solid foundations back more than 130 years in the insurance and financial services marketplace.
OneAmerica’s nationwide network of companies offers a variety of products to serve the financial needs of their policyholders and other clients. These products include retirement plan products and services; individual life insurance, annuities, long-term care solutions and employee benefits. The goal of OneAmerica is to blend the strengths of each company to achieve greater collective results.
The products of the OneAmerica companies are distributed through a network of employees, agents, brokers and other distribution sources that are committed to increasing value to our policyholders by helping them plan to meet their financial goals.
We deliver on our promises when companies need us most.
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