This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Sun Life Financial Announces SunElite,SM A New Stop-Loss Value-Added Service

The Employee Benefits Group division of the U.S. Business Group of Sun Life Financial Inc. (NYSE: SLF, TSX: SLF) announced today SunElite, a new addition to its suite of value-added services for its self-insured Stop-Loss customers. SunElite is a medical plan document review service.

Sun Life Financial selected an experienced health care services consultant, The Phia Group, LLC, to conduct all SunElite medical plan document reviews. The Phia Group, LLC will author a report detailing its analysis of the medical plan’s cost containment, federal law compliance, and discretionary authority language.

Sun Life Stop-Loss customers can use the service directly, but Sun Life Financial expects brokers and TPAs to be the most frequent users of the service. Brokers and TPAs can use the report to evaluate the medical plan document and discuss potential changes with the customer.

According to Adam V. Russo, Esquire, Chief Executive Officer, The Phia Group, LLC, “We are extremely proud to have been chosen by Sun Life Financial to review and assess their clients’ medical plan documents. We will provide expertise relating not only to compliance issues, but also to cost containment opportunities that will benefit all customers.”

“This agreement is a timely addition to our suite of Stop-Loss value-added services. Employers are seeking support to comply with Affordable Care Act requirements and want new ways to manage medical costs. SunElite helps address those needs. Sun Life Financial is proud to continue the tradition of providing insight and cost savings to customers,” said Scott Beliveau, Stop-Loss Vice President, Sun Life Financial Employee Benefits Group division.

Sun Life Financial, one of the largest direct writers of stop-loss insurance in the United States, has a 30-year history of dedication to providing innovative value-added services. In addition to SunElite, Sun Life Stop-Loss customers already receive SunResources, ® SunExcel, ® and Sightlines™ Medical Intelligence.

About The Phia Group, LLC

The Phia Group, LLC, headquartered in Braintree, Massachusetts, is an experienced provider of health care consulting services including medical plan document assessments, health care cost-containment techniques, comprehensive claims recovery, and consulting designed to control health care costs and protect medical plan assets. The Phia Group’s overall mission is to reduce the cost of medical plans through its recovery strategies, innovative technologies, legal expertise, and focused, flexible customer service.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,445.53 -117.77 -0.71%
S&P 500 1,920.20 -10.47 -0.54%
NASDAQ 4,334.6890 -35.0840 -0.80%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs