ArmadaCare Announces a New Suite of Supplemental Insurance Products

Hunt Valley, MD, March 10, 2018 --(PR.com)-- ArmadaCare has launched a new suite of supplemental
insurance products, further strengthening its market-leading position in the group targeted supplemental
health benefits market. This innovative suite of supplemental benefits enables companies to strike the
right balance between two competing human resource objectives: controlling benefit costs and
recruiting/retaining talent.

“We are thrilled to launch the ArmadaCare Supplemental Product Suite,” says Ed Walker, ArmadaCare's
CEO. “These products go beyond HRAs or HSAs with greater power and flexibility to help companies
create a benefits structure that works with both their cost and talent management objectives. There's really
nothing else like it on the market.”

“Our premier Ultimate Health product, underwritten by Transamerica, has been in great demand to
protect strategic leadership constituents,” says Walker. “Now with the addition of several new plan
offerings with Sirius America, we can offer businesses a broad range of coverage and pricing options to
create benefit structures for various employee sub-groups. Being able to provide targeted coverage for
just those difficult to recruit and retain employee groups will change the way companies do benefits.”

Each product is a fully insured reimbursement plan that supplements a company's primary plan and
provides additional coverage for everyday health expenses, as well as the more unexpected health
expenses, without specific disease or other restrictions for coverage to kick in. ArmadaCare's products
also qualify as excepted benefits, which means ACA reforms do not apply. This is instrumental in the
products' ability to be offered to select employee classes as defined by the employer. Finally, all products
include additional health support services and features, such as a specialty physician matching program
and a Prescription Visa® Card, all of which are backed by ArmadaCare's commitment to world-class
service standards.

“Our supplemental products go beyond what your typical indemnity-based voluntary plan can do when it
comes to filling coverage gaps in a meaningful way,” notes Charlotta Winslow-Jenkins, ArmadaCare's
CMO. “Companies and their benefit consultants need to know that employer-paid supplemental benefits
can be a valuable and powerful part of the upfront benefits strategy, not an afterthought. By applying our
solutions in a strategic, targeted way, you can avoid driving up turnover costs when you make moves to
save on benefit plan costs.”

The ArmadaCare Supplemental Product Suite is now available in 35 states, with additional state
approvals pending.

About ArmadaCare
A pioneer in the supplemental insurance industry, ArmadaCare creates and delivers specialty employee
benefits, backed by premier insurance carrier partners.* Strategic benefit consultants recommend
ArmadaCare's innovative insured products to support their product differentiation and to help employers
meet the health and benefit needs of various employee constituent groups. Specifically designed to fill

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gaps in primary coverage, ArmadaCare's solutions provide tax-efficiency and the ability to offer targeted
coverage to select employee classes as defined by the employer. In addition to offering reimbursement for
various types of out-of-pocket medical expenses, ArmadaCare's products include additional health
support services and convenience features, all of which are delivered with ArmadaCare's hallmark
world-class service. Learn more at www.ArmadaCare.com.

*Transamerica Financial Life Insurance Company, Transamerica Premier Life Insurance Company and
Sirius America Insurance Company

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Contact Information:
ArmadaCare
Michelle Johnson
410-308-8447
Contact via Email
https://armadacare.com

Online Version of Press Release:

You can read the online version of this press release at: https://www.pr.com/press-release/747244

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