Admar Group Inc. and Principal Mutual Life Insurance Co. Announce Partnership for Exclusive Health

The Admar Group Inc. and Principal Mutual Life Insurance Co. have joined forces to market Admar's HMO alternative product, Exclusive Health, in Southern California. This partnership aims to provide customized managed care programs tailored to individual consumer needs, with the goal of reducing overall healthcare costs. The Principal will market Exclusive Health through its group sales representatives, as well as through Rogers Benefit Group Inc. and Old Northwest Agents Inc.

Key Takeaways:

• The partnership between Admar Group Inc. and Principal Mutual Life Insurance Co. will provide managed care programs tailored to individual consumer needs, with the goal of reducing overall healthcare costs.
• Exclusive Health will be marketed in Southern California through Principal Mutual Life Insurance's group sales representatives, as well as through Rogers Benefit Group Inc. and Old Northwest Agents Inc.
• The product will be offered to employers ranging from three employees up to 2,500 or more in the counties of San Bernardino, San Diego, Imperial, Riverside, Orange, and Los Angeles.
• Principal Mutual Life Insurance has used Admar's Preferred Provider Network for over 10 years.
• The Exclusive Health program is an innovative partnership arrangement between medical care providers, insurers, and employers that offers Southern California employers and employees a highly competitive health care program.
• The Principal Financial Group has over $48 billion in assets under management and serves 8.9 million customers with a full line of individual and group insurance and financial products.
• Admar Group Inc. provides national managed health care services, including extensive preferred and exclusive provider networks, medical management services, and claims administration services.

Statistics:

• 8.9 million customers served by The Principal Financial Group.
• $48 billion in assets under management by The Principal Financial Group.
• 10th largest United States life insurance company in assets, as measured by Principal Mutual Life Insurance Co's assets.
• Over 10 years of partnership experience between Principal Mutual Life Insurance and Admar's Preferred Provider Network.
• Health care plan available to employers ranging from three employees to 2,500 or more in Southern California.

Sources:

• Admar Group Inc.
• Principal Mutual Life Insurance Co.
• /CONTACT: Richard T. Toral or Edward K. Evans of Admar Group, 714-953-9600; or Bill Roach of The Principal Financial Group, 515-246-7536/