Citing lack of critical mass, The Principal exits group medical business

Ortman, John
December 2010
Employee Benefit News;Dec2010, Vol. 24 Issue 15, p11
The article reports on the decision of the Principal Financial Group Inc. to exit the medical insurance business in the U.S. It states that the firm has also entered an agreement with UnitedHealthcare to renew medical insurance coverage for the Principal's customers for the next 36 months. It notes that the decision does not impact the Principal's other businesses which includes its retirement, asset management, life insurance and dental and vision products.


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