Flagship Global Health Launches New Executive Health Insurance Plan

Executive Health Insurance Plan

Flagship Global Health has announced the availability of a new executive health insurance program, ArmadaCare Executive Health, to help companies protect themselves from the impact of health issues among key employees. Flagship Global Health is offering this product in a joint venture with ArmadaCare.

Realizing the tremendous impact on the business when a key person struggles with a health issue, Flagship has developed a unique executive health insurance program that helps maximize the quality of health-and healthcare-for executives and their families. Combining comprehensive health support services with a full medical reimbursement program in an insured, tax-advantaged product, this fully compliant executive health program can be provided to employees on a selective basis.

In addition to providing up to $100,000 in supplemental healthcare coverage for medical, vision and dental expenses, ArmadaCare Executive Health offers Flagship's full range of support for specialist and emergency care, including the Flagship Virtual Center of Excellence. Modeled after traditional brick-and-mortar centers of excellence, Flagship's virtual center embraces all medical specialties and includes leading physician specialists who are well known for their ability to diagnose and treat complex medical problems. Accepted into the network on an invitation-only basis, these physicians have a record of exceptional clinical outcomes. Flagship's virtual center of excellence for specialist care is part of a system of care where the emphasis is on patients and their attainment of a highly personalized healthcare experience and incorporates priority appointments for members.

"Every business is highly dependent on the optimal performance of their key employees," says Fred Nazem, CEO and Founder of Flagship Global Health. "Good health of the executive and their family is the sine qua non to their effectiveness. If you want the best possible outcome in a medical crisis, you must go and see the most clinically gifted specialist. In the current referral system, people are bounced from doctor to doctor and if they're lucky, they end up seeing a specialist that could put them on the road to recovery. Flagship created a fast-track system that is able to triage patients virtually and then directly connect them to the renowned physicians in its virtual center of excellence, assuring the best possible outcome."

In addition to this specialist support system members receive a range of other important healthcare tools as part of the ArmadaCare Executive Health benefit, including medical intelligence about the latest advances, a user- friendly, on-line, personal health record and top-to-toe executive physicals to facilitate prevention and early detection. The product also incorporates important risk management aspects such as premier domestic and international air evacuation and 24/7 global emergency support from doctors and nurses to further help companies protect their investment in executive talent.

Unlike other medical reimbursement plans available on the market, ArmadaCare Executive Health is fully insured and offers complete flexibility in the underlying base health insurance plan design.

Several health insurance plan options are available further enhancing the perceived value of the product.

ArmadaCare Executive Health is delivered through a partnership with Armada Care, Managing General Underwriter and Managing General Agent for Aegon's Monumental Life and Transamerica Life, both A+ rated carriers.