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Insurance Company Includes Global Network Option in Limited Benefit Plans
Date:6/4/2008

COLUMBIA, S.C., June 4 /PRNewswire-USNewswire/ -- BasicPlus Health Insurance of Roswell, Ga., announced today that it has entered into an agreement with Companion Global Healthcare Inc. of Columbia, S.C., to include a network of accredited, overseas hospitals in its most popular limited benefit health insurance plans.

The agreement means those enrolled in BasicPlus' FlexMed (for employers) and BasicPlus (for individuals) limited benefit plans have the option of seeking surgery and other covered services at hospitals in Companion Global Healthcare's network. All of the network's hospitals hold the prestigious Joint Commission International (JCI) accreditation, and all offer a range of services at rates lower than those typically charged in the United States.

FlexMed and BasicPlus members treated overseas will receive Companion Global Healthcare's concierge medical travel services, including assistance with scheduling appointments and arranging travel.

Chuck Green, CEO of BasicPlus, said, "Since our members have fixed benefit maximums, the inclusion of Companion Global Healthcare's option into our products allows members to limit their out-of-pocket payments while availing themselves to JCI-accredited hospitals in foreign locations."

"To our knowledge, this is the first fully insured, limited benefit product with a global health care benefit included," said Robert Rhodes, chief operating officer of TCC of South Carolina, the third-party insurance administrator that supports the BasicPlus product line. "This arrangement will help FlexMed and BasicPlus members dramatically stretch their limited benefit plan dollars."

Companion Global Healthcare President David Boucher said his company's network of overseas hospitals is a helpful addition for limited benefit plans.

"While many limited benefit plans provide coverage for basic health care, most would cover only a small portion of the bill for a lengthy inpatient hospital sta
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SOURCE Companion Global Healthcare
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