ABI ANNOUNCES HEATH INSURANCE ALLIANCE (2010)
ABI and the Retailers Association of Massachusetts announce a strategic alliance with Northern Benefits of Massachusetts in offering Health Insurance Programs to it's members.

Partially Self-Funded Health Insurance Means…Savings For You.
A partially self-funded plan may help you save money while maintaining traditional health benefits for your employees.

With self-funding, you finance your company’s health plan, funding claim expenses up to a predetermined amount. if actual expenses are less, you keep the savings. if expenses are greater, there is a limit on your financial risk through stop-loss insurance protection. You can help your company take charge of their healthcare costs by establishing a partially self-funded plan.

A partially self-funded plan provides the following advantages:
-Employers don’t pay premiums for care their employees might receive. They only pay for the care actually received
-If a group’s claims exceed their claim fund balance, stop-Loss insurance protects you by paying the excess charges
-If annual claims are low and a fund balance exists at the end of the year, your client keeps the unused dollars.
-Employers can choose from several available plan options, including HSAs and
HRAs
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ABI RETURNS BIG DIVIDENDS! (2010)
ABI announces over $1.3MM dividends issued to it's clients in 2010.

Massachusetts Retail Merchants Workers’ Compensation Group Declares $3.3 Million in Dividends to Members
RAM and the Massachusetts Package stores Association (MassPack) have announced that the Massachusetts Retail Merchants workers’ Compensation Group will share a dividend distribution that aggregates $3.3 million with current and past participating businesses.

The dividends, a portion of which have been previously distributed, were declared on certificates of insurance issued at the following amounts for the stated policy years:
• 2007: $791,000 • 2006: $1,324,000 • 2005: $607,000 • 2004: $590,000

RAM and MassPack created the Massachusetts Retail Merchants workers’ Compensation Group in 1991 to provide pricing discounts, dividends and outstanding service to small stores throughout Massachusetts at levels previously seen only by large employers.

The self-insured group currently serves more than 3,300 retailers, package stores, restaurants, auto shops and other businesses.“we’re very proud to see this program continue its record of success by delivering a dividend for an incredible 17th straight year,” said Jon B. hurst, President of RAM, and Chairman of the Massachusetts Retail Merchants workers’ Compensation Group. Since its 1991 inception, the program has returned more than $46 million to the group’s members in the form of dividends. The group also offers an upfront discount of 17 percent compared to traditional insurers.