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Midwest Security and eflexgroup.com Form Strategic Partnership

February 23, 2005

Madison/Onalaska, WI -- Midwest Security Administrators, a premier provider of fully insured and self funded benefit plans, has selected eflexgroup.com as its preferred vendor of HRAs, Section 125 Cafeteria and flexible spending plans.

Under the agreement, Midwest Security will offer eflexgroup.com products and services to its growing market of small and mid-sized employers throughout Wisconsin, Michigan, Indiana, Iowa, Ohio and Illinois.

"Midwest Security Administrators has expertise in the administration of self-funded medical, dental, vision and STD plans," said Greg Pavlic, Vice President of Sales at Midwest Security. "As Consumer Driven Health Plans, primarily HRA and HSA plans have begun to proliferate, we sought out a strategic partner in this highly specialized area. We went to the experts at eflexgroup because of their expertise in administering these programs and for their innovative use of today’s technologies."

Consumer Driven Health Plans are offering an alternative to employers looking for relief from rising health care costs by giving employers and employees more control over their health care costs. The affiliation with eflexgroup.com represents a state-of-the-art solution toward increasing employee participation in flexible spending and HRA plans through education, Internet access, and 24-hour service. "An HRA, when combined with a flexible spending plan, is a fantastic option for employers," said Ric Joyner, Co-Founder and President at eflexgroup.com. "We’re looking forward to working with Greg and the team at Midwest Security to show area employers how consumer-driven plans may help them to gain some control of their health care costs"

eflexgroup.com is one of the nation’s leaders in self-service administration. The company structure is based on self-service for the employer. "eflexgroup.com plans are just easier?easier to explain, easier to understand, easier to access, easier to use, and easier to get your money back," added Joyner.

Midwest Security Insurance Companies was founded in 1974. The company administers managed care medical plans and employs 350 people. The company’s home office is in Onalaska, Wisconsin, and regional service and sales offices are located in Green Bay, Milwaukee, Detroit, Indianapolis, and Chicago. It markets products in Wisconsin, Illinois, Michigan, Indiana, Iowa, and Ohio.

eflexgroup.com is a national web-based third-party administrator of pre-tax employee benefits, HRAs, HSAs, Cafeteria Plans, and COBRA Administration. eflexgroup.com is headquartered in Madison, Wisconsin, at 3001 West Beltline Highway.


 
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