For Immediate Release
October 6, 2017
 
Braintree, MA – The Phia Group, LLC is pleased to announce the integration of its Flagship Template into its acclaimed Phia Document Management (“PDM”) software, and support for The Phia Group Flagship Template by many leading stop loss carriers.  
 
Recognizing that delays in plan drafting cause many plans to administer old plans – or in some cases – no plan, early in 2017 The Phia Group announced that it had compiled decades of experience servicing various types of plans to develop its Flagship Template.  The Phia Group’s Flagship Template is a complete version of its industry acclaimed, fully customizable plan document template, but users’ time commitment is substantially reduced thanks to The Phia Group having already created a nearly complete plan document.  By populating the document with what it deems to be the best provisions in every regard and applying best practices to create an almost-complete SPD, users enjoy a compliant and innovative plan in comparatively no time at all.  All that remains is for the plan sponsor or its named administrator to fill in their biographical information, insert their selected schedule of benefits, eligibility criteria, and review the language already provided to request edits or revisions.  
 
Building upon this foundation, The Phia Group is now proud to announce that its Flagship Template has been uploaded to its acclaimed Phia Document Management (“PDM”) software, ensuring subscribers can now use and offer The Phia Group Flagship Template to their clientele.  Further, following in-depth review and assessment, The Phia Group Flagship Template is now supported by many leading stop loss carriers as well.
 
“We continue to work towards the evolution of benefit plan documents and self-funding.  Each step we take in the advancement of The Phia Group Flagship Template is also a step forward for our industry.  We will not allow time constraints to limit the quality of our clients’ plan documents.  With The Phia Group Flagship Template, speed and quality are both possible.  Our mission was to reduce the number of questions users need to answer, and we did that – reducing them by 75%.” Remarked The Phia Group’s CEO, Adam V. Russo, Esq.
 
Regarding what’s next for The Phia Group Flagship Template, Mr. Russo advised, “Achieving buy-in from the stop loss industry, as well as adding it to our PDM program, is just the beginning.”   
 
For more information regarding The Phia Group’s Flagship Template, or to learn about any of The Phia Group’s other services, please contact Tim Callender by email at [email protected] or by phone at 781-535-5631.
 
About The Phia Group:
 
The Phia Group, LLC, headquartered in Braintree, Massachusetts, is an experienced provider of health care cost containment techniques offering comprehensive claims recovery, plan document and consulting services designed to control health care costs and protect plan assets.  By providing industry leading consultation, plan drafting, subrogation and other cost containment solutions, The Phia Group is truly Empowering Plans.