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The Phia Group Announces the Offering of Free Health Benefits to Employees and Their Families

On December 19, 2019

For Immediate Release

December 19, 2019

Braintree, MA – The Phia Group, LLC is pleased to announce that with the ringing in of the new year, it will be offering FREE HEALTH BENEFITS to employees and their families.  Specifically, plan participants that have been enrolled in the plan for five or more years will be enrolled in 2020 and have zero contribution or premium; 100% of the cost of their and their families’ membership is paid for by The Phia Group. 

This remarkable achievement is made possible thanks to the application and utilization of cost containment measures developed and provided by The Phia Group to the self-funded health benefits community, and proactive efforts on the part of its own plan membership to be educated, and cost-conscious “consumers” of healthcare.

The Phia Group’s CEO, Adam V. Russo, Esq., remarked – in response to those that believe cost-shifting the burden of rising healthcare costs onto employees is inevitable – that, with the right tactics in place, health benefits can be affordable and employees do not need to bear the burden of an inefficient health plan.  “If our approach to health benefits didn’t work,” Adam continued, “… could we afford to maintain our contribution levels, year after year?  Could we continue to offer benefits with no co-pays or deductible?  The answer is no.”

Ron E. Peck, Esq., Executive Vice President and General Counsel of The Phia Group explained, “Our mission is to ensure health benefits are robust and affordable for hard working Americans.  Very few people work as hard as our own employees, so providing them with the best, most affordable benefits is us living our mission.”

“We are very proud to be able to offer our employees and their families the types of benefits they’d only see at a very small number of businesses, nationwide;” Adam concluded.

For more information regarding The Phia Group, it’s benefit plan, and the services that make these incredible results possible, please contact Vice President Tim Callender by email at tcallender@phiagroup.com 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.

The Phia Group Announces the Opening of its Newest Location in Louisville, Kentucky

On September 19, 2019

September 19, 2019 - For Immediate Release

Louisville, KY - The Phia Group, LLC is pleased to announce the opening of a new office in Louisville, KY.  Under the leadership of the newly appointed Vice President of Operations and Total Quality Management, Scott Byerley, Esq., this new location strengthens The Phia Group's presence in the central United States - just as it did in the west with its Boise, ID, office - continuing to allow The Phia Group to identify, recruit, and hire the most talented professionals, nationwide.

With a focus on subrogation and claims recovery, as well as other cost containment activities, the Louisville team shares the same passion as the entirety of the "Phia Family," to deliver robust yet affordable health benefits to as many hard working Americans as possible.  " We're very excited to bring The Phia Group to Louisville.  This is a continuation of year after year growth for The Phia Group," remarked Mr. Byerley.  "The Phia Family made this happen with their dedication and passion for everything cost containment and reducing the costs of healthcare."

"These days, it seems like everyone wants to meet virtually... but at The Phia Group, we feel being there still matters.  By continuously expanding our physical presence, we are not only able to draw from an ever expanding talent-pool, but we can also proudly say that our partners are also our neighbors," said Adam V. Russo, CEO of The Phia Group.

For more information regarding The Phia Group's Louisville Office, or to learn more about any of The Phia Group's other locations and services, please contact Tim Callender by email at tcallender@phiagroup.com 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.

The Phia Group Announces the Formation of Legal Compliance & Regulatory Affairs Team

On December 17, 2018

December 14, 2018 - For Immediate Release

Braintree, MA -- The Phia Group LLC, one of the health benefit industry’s leading cost-containment service providers, announced that it has completed the formal creation of its internal Legal Compliance and Regulatory Affairs (“LCARA”) team.

The members of this Phia Group Consulting (“PGC”) subdivision will handle the most complex Independent Consultation and Evaluation (“ICE”) queries while performing in-depth research meant to benefit both The Phia Group, and its partners. Led by its Director of Legal Compliance & Regulatory Affairs, Brady Bizarro, Esq., as well as Compliance & Oversight Counsel, Andrew Silverio, Esq. and Compliance & Regulatory Affairs Consultant, Philip Qualo, J.D., the LCARA team will diligently track statutory and regulatory changes, to ensure both the continued compliance of The Phia Group as well as its clientele. By focusing both on the company’s own internal needs as well as the needs of its clients, the LCARA team represents a new stage in “crowd sourcing” information and experience.

“There are certainly a few individuals here or there who include this type of work in their list of responsibilities,” The Phia Group’s CEO Adam Russo remarked, “But we are confident that no team has ever been so focused on remaining ahead of legal challenges, and ensuring that both The Phia Group and its allies learn – and benefit – from each other’s growth, wins, and losses.”

To learn more about The Phia Group, its regulatory compliance services, or any of its offerings, please contact The Phia Group’s Sales Executive, Garrick Hunt, at 781-535-5644 or Info@PhiaGroup.com.

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. Visit www.PhiaGroup.com.

The Phia Group, LLC is pleased to announce the integration of its Flagship Template

On October 6, 2017
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 tcallender@phiagroup.com 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.