A-D LAUNCHES HEALTH INSURANCE COMPANY

Jan. 1, 2003
In response to its members' concerns over rising health insurance costs, Affiliated Distributors (A-D), King of Prussia, Pa., has formed a health insurance

In response to its members' concerns over rising health insurance costs, Affiliated Distributors (A-D), King of Prussia, Pa., has formed a health insurance company, A-D Services Group Inc.

The newly formed subsidiary offers both A-D affiliates and suppliers self-funded or partially self-funded health insurance, dental and vision insurance, life and accidental death and dismemberment, long- and short-term disability and flexible spending accounts.

According to Bill Weisberg, A-D chairman and chief executive officer, the growing health-care problem of the buying group's members has been a difficult one because it cuts into their operating costs and profitability. He said it took A-D a while to come up with what it hopes will be a winning strategy.

Looking to other enterprises that have been successful with group health care, A-D has mirrored its health-care package after those of franchises. “We were able to follow what companies like McDonald's franchises did to be successful at reducing their health-care costs,” said Weisberg. “We were able to develop a solution that mirrors it.”

Based on test quotes, A-D Services Group Inc. has the potential to deliver big savings. The insurance products and programs have been shown to save companies more than 20 percent in annual health-care costs, said Mark Wilson, A-D director of service provider relations.

Got an item for Bulletin Board?

It's easy to have your company included in the pages of Electrical Wholesaling's Bulletin Board. It's as simple as submitting a description and photographs.

Some of the subjects covered in Bulletin Board include:

  • Charitable Events/Donations
  • Product Promotions
  • Contests
  • Distributor Support/Training
  • Ground Breakings
  • Industry Awards/Recognitions

Send pertinent information to Sarah Tobaben Dolash, Managing Editor, 9800 Metcalf Ave., Overland Park, KS 66212. Or you may e-mail information to [email protected]. All electronic photos should be no less than 300 dots per inch. Questions? Call (913) 967-1796.