Starmark - Visitor - Starmark Waives HRA Administration Fee

Starmark Waives HRA Administration Fee

Lake Forest, Ill., Nov. 30, 2007 - Thanks to Starmark, providing health insurance to employees just became more affordable for small businesses.

Employers that offer the Starmark HRA (health reimbursement arrangement) to their employees, or that decide to do so in the future, now save more money because the HRA administration fee has been eliminated. In addition, Starmark can be a more affordable choice for employers because no setup costs are associated with the HRA.

"Starmark provides simple and seamless solutions for small businesses seeking to control health costs," said John Anderson, Vice President, Starmark. "Employers may pay lower premiums when pairing the Starmark HRA with a higher-deductible health plan. And the good news gets even better: As we continue to work to make coverage more affordable for small employers, we have decided to continue to waive the HRA administration fee. The HRA administration fee had originally been waived for groups with effective dates between June and October, but we have decided to eliminate the fee permanently."

The HRA, which can be paired with any Starmark health plan, provides seamless integration of claims processing and administration. There is no prefunding, and payments are sent directly to providers. This ease of use makes the Starmark HRA unique and attractive to employers and employees.

For more information about the Starmark HRA or any other product within the Starmark portfolio, call 800.522.1246, ext. 33057; call MultiBenefit Services at 800.334.2234.

About Starmark

Starmark specializes in small group healthcare benefits and serves businesses with two to 50 employees. Trustmark Life Insurance Company, a subsidiary of Trustmark Mutual Holding Company, insures the fully insured plans and provides stop-loss insurance for the self-funded plans. Through its subsidiaries and operating divisions, Trustmark Mutual Holding Company offers a broad line of life, medical, managed care, dental, disability, critical illness, and benefit administration products and services to groups and individuals. Trustmark Mutual Holding Company has assets of more than $2 billion and administers more than $3 billion in health and life benefits annually. Additional information can be found at http://www.starmarkinc.com./

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