<nobr>Jun 8, 2007</nobr>

ERIC Unveils New Benefit Platform for Life Security

MAJOR EMPLOYERS INTRODUCE PLATFORM
FOR NEW OPTION FOR HEALTH AND RETIREMENT SECURITY
New platform would create a structure to give employers an alternative method for providing benefits

CONTACT
Theodore Godbout, Manager, Communications, ERIC
tgodbout@eric.org; (202)789-1400
Karla Hurter, H2R for ERIC
khurter@health2resources.com; (703) 319-0957


WHO: The ERISA Industry Committee (ERIC), a membership organization representing the employee benefit plans of America's largest employers
WHAT: Press event unveiling a new report: "A New Benefit Platform for Life Security"
WHEN: Wednesday, June 13, 2007, 2:00 pm Eastern
WHERE: National Press Club, 529 14th St. NW, 13th floor, Washington, DC; Murrow Room

SPEAKERS:
-Mark Ugoretz, CEO, ERIC
-Michael J. Stapley, President and CEO, Deseret Mutual
-Scott J. Macey, Senior Vice President, Aon Consulting
-Jane Greenman, (Previously) Vice President, Compensation, Benefits and Labor Relations, Tyco

BACKGROUND:
ERIC (www.eric.org)-whose member companies pay for life security plans directly to more than 10 percent of the U.S. population-is putting forth a bold new platform for life security benefits for all Americans.

The proposed platform, to be unveiled in a new report, would give employers an alternative method for providing benefits without the "entanglements" of traditional provider sponsorship. Benefits offerings would be administered by newly created competing Benefits Administrators. The platform would allow individuals to purchase coverage independent from an employer relationship, supports an individual mandate, and offers a structure that would allow employers to continue to their commitment to their employees' health and retirement security.


# # #


Text Files:

About ERIC

Back to Previous Page