Fiduciary Intermediary Ltd. - ABG Current News
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TO: ABG/MEDHEALTH AGENTS

WE HAVE JUST BEEN NOTIFIED BY ABG/MEDHEATLH THAT THEIR PHS PROGRAMS HAVE BEEN CLOSED DOWN EFFECTIVE 7-31-02, BOTH THE POS AND EPO PLANS.

NO NEW CASES WILL BE ACCEPTED FOR AN 8-1-02 EFFECTIVE DATE.

ALL CASES SUBMITTED FOR 8-1-02 ARE BEING RETURNED, AND WE IN TURN WILL SEND BACK THE CHECKS AND PAPERS TO YOU.

WE ARE SORRY FOR THE INCONVENIENCE THIS HAS CAUSED YOU AND YOUR CLIENTS BUT WE DID NOT HAVE ANY ADVANCE NOTICE OF THIS ACTION


URGENT NOTICE RE: ABG'S GHI PPO PLAN

Effective July 1, 2002, the ABG/GHI PPO plan will terminate completely, even those people already in the plan. This is the plan that had the rate increase in May and which was frozen as of June 1st. Now all insureds already in the plan are being notified by ABG that they will be terminated as of July 1st.
The closing of this plan has been caused by the extremely high claim factor.

ABG is offering these insureds the option of changing to one of the GHI Flex Select plans being offered by ABG.

URGENT NOTICE

EFFECTIVE JUNE 1ST, THE ABG/MEDHEALTH GHI PPO PLAN WILL BE FROZEN FOR NEW BUSINESS FOR APPROXIMATELY 2 MONTHS.

FOR ABG ATLANTIS PRODUCERS

THE LAST APPLICATIONS FOR THE ATLANTIS PLANS THROUGH ABG WILL BE ACCEPTED FOR AN EFFECTIVE DATE OFAPRIL 1, 2002.

THE PLAN WILL BE CLOSED TO NEW APPLICANTS AFTER APRIL 1, 2002. THE INFORCE MEMBERS WILL REMAIN BUT NO NEW APPLICATIONS CAN BE TAKEN.

THANK YOU.

 
 
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