Pan-American Life Insurance Group, a leading provider of insurance and financial services, announced today the launch of its new member company, Pan-American Benefits Solutions, Inc.
As research and continuous media reports maintain, there are approximately 46 million uninsured Americans, and of those 33.1% are Hispanics and more than 9 million are children mostly from working families. Additionally, according to the U.S. Census Bureau 40.3% of employees are not covered by a health insurance plan offered by their employer (2007). Potential solutions point to two critical factors: access and affordability.
Pan-American Benefits Solutions is a provider of group benefit programs that offer solutions for the pressures of rising insurance costs in the current market. Pan-American Benefits Solutions offers limited medical group benefits in the United States, granting employers in search of more economic plans access to affordable group healthcare.