Gilsbar, Inc. Release: Major Medical Plan Outsources Administration And Plan Management To Gilsbar, Inc.

COVINGTON, La., Oct. 13 /PRNewswire/ -- Gilsbar, Inc., a leading insurance services provider, has been awarded the role of plan administrator for the Nebraska-based, Physicians Mutual Insurance Company individual major medical plan. Physicians Mutual’s individual business includes over 5,000 covered plan participants located in 16 states. Gilsbar will perform claims, billing, HIPAA administration and provide customer service for the plan and its participants. MedCom Care Management, Inc., Gilsbar’s medical management subsidiary, brings cost containing services to the major medical plan including Utilization Review and Case Management.

According to John Gajewski, Senior Vice President for Physicians Mutual, “We are excited to be partnering with Gilsbar. Physicians Mutual was looking for more than a TPA -- we were looking for a company to provide comprehensive plan management solutions. Gilsbar offers those solutions while partnering with its clients to create long-term cost savings and health benefits. In addition, the Gilsbar team has experience in transitioning claims business and utilizing integrated services to manage major medical plans.”

Headquartered in Omaha, Neb., Physicians Mutual and its wholly owned subsidiary, Physicians Life Insurance Company, provide supplemental individual health, long-term care, accident and life insurance products, dental insurance, as well as annuity products. With more than 100 years experience, Physicians Mutual is licensed in all 50 states and the District of Columbia. With total combined assets exceeding $2 billion, Physicians Mutual employs nearly 1,300 individuals.

Founded in 1959, Gilsbar, Inc. is a leading provider of comprehensive insurance services. Gilsbar serves employers, affinity groups, insurance companies and individuals, offering various services including third-party administration, plan management, and quality insurance products. Gilsbar has the unique ability to meet the needs of the individual client, providing customized self-insured plan design, fully-insured options for association health, life and disability, as well as professional liability protection. Gilsbar distinguishes itself through integrity, responsive service, integrated technological solutions and unwavering commitment to client satisfaction. For more information visit our website at http://www.gilsbar.com/ or call 1-800-445-7227.

Gilsbar, Inc.

CONTACT: Sara Burns, Corporate Communications of Gilsbar, Inc.,+1-985-871-1802, or sburns@gilsbar.com