Health Insurance Industry Veterans Launch Association Health Plan (AHP) Practice

Fresno, California; October 11, 2018

Lawrence Thompson and Stephen Manzelli today announced the formation of a new practice area under their new company Inventavis, focusing on Association Health Plans (AHPs). Thompson and Manzelli are health insurance industry veterans with almost 70 years of combined experience, with Thompson being one of the original architects of AHP legislation over 20 years ago and current Chair of Governance Relations for The Self Insurance Institute of America (SIIA).

The AHP practice of Inventavis will provide a comprehensive range of products and services to Associations looking to have a viable AHP offering.  The Inventavis AHP practice portfolio includes evaluation, qualification, structure, compliance, development, vendor selection, insurance/reinsurance, ancillary products, pricing, sales and marketing.

More details on the complete set of Inventavis AHP offerings can be found on the company website at www.inventavis.com/products/association-health-plans.

Mr. Thompson said, “We are truly excited to offer our AHP services direct to the marketplace, as this will allow us to be effective change agents in this important healthcare market segment. The regulatory climate offers both opportunities and challenges for Associations looking to add Medical and related benefits to their member benefits portfolio.  The innovation and expertise required to properly deploy an AHP goes hand-in-hand with the Inventavis corporate mission.” plan building, employee engagement, technology, customer ice, implementation and vendor selection

Mr. Manzelli added, “Inventavis is the culmination of years of market exposure, regulatory vigilance and relationship building with other healthcare leaders that we deeply enjoy working with.  AHPs represent an important offering in the healthcare vertical, something that we look forward to helping Associations get complete and accurate guidance on.  We are truly excited to launch this new practice area.”

Inventavis has offices in Albany, New York and Fresno, California to service its national client base. In addition to its operations in the US, Inventavis also performs services internationally—focused initially on the Caribbean and Central America.

For more information contact – lthompson@inventavis.com or 972.951.6607.

 

Inventavis Co-Founder Lawrence Thompson Presents With SIIA on Self-Funding at Lloyd’s of London

Inventavis Co-Founder Larry Thompson Presents With SIIA on Self-Funding at Lloyd’s of London

Appeal to DOL on AHP Regulations Continues SIIA’s Two-Decade Effort

Twenty-one years ago Larry Thompson worked with SIIA leaders on draft federal legislation to enable association health plans (AHP) under ERISA. That 1997 bill was passed by the House of Representatives but foundered in the Senate, and through the years similar frustrating results occurred twice more.

Impact of AHP’s – HCAA Executive Forum 2018

Lawrence Thompson, Co-Founder of Inventavis, spoke at HCAA Executive Forum 2018 on the impact that AHP’s are having in healthcare today.

New Participating Whole Life Product Never Before Offered in the Prevailing Wage Space!

Do you have contractor clients or prospects that bid on government projects – federal, state or local?  Most likely those employers are subject to the provisions of the Davis-Bacon Act, Service Contract Act or select Taft-Hartley groups with available benefit funds. If yes, Inventavis wants you to read further about an exciting new offering.

In conjunction with MassMutual (A++ rated by A.M. Best) and Fringe Assist, we are pleased to announce the first and only program that allows employers to utilize a Participating Whole Life product to satisfy the “bonafide” employee benefit requirements of these regulatory statutes.

Inventavis Founder Lawrence Thompson presents on Association Health Plans at HCAA Executive Forum

Inventavis Founder Lawrence Thompson presents on Association Health Plans at HCAA Executive Forum

Changing US Healthcare

By now everyone in the healthcare industry has seen the announcement from Amazon, Berkshire Hathaway and JP Morgan Chase about aligning to improve healthcare for its employees.

We immediately saw a drop in the established insurer and healthcare provider stocks, clearly assuming that these three giants of industry would reshape the healthcare industry. It’s amusing because their press release, four paragraphs long, only addressed creating a new entity to improve healthcare for their nearly 1 million employees, not the entire US healthcare system. Further the release provided practically no details whatsoever.

New Small Group Health Plan Options

Last October President Trump signed an Executive Order to allow the formation of Association Health Plans (AHPs). The Department of Labor (DOL) was tasked with creating new rules for the development of these plans. Those rules were released late on Thursday and are open for public comment for 60 days. The rules must go through the Federal rule making process and could be changed.

Health Insurance Industry Veterans Form Innovative New Company

Albany, New York; January 3, 2018

Lawrence Thompson and Stephen Manzelli announced the formation of their new company Inventavis. Thompson and Manzelli are health insurance industry veterans with over 65 years of combined experience. The new company, Inventavis, will provide products and services to customers throughout the healthcare vertical.

The company also launched its new website at www.inventavis.com.

After years of operating successfully across many facets of the healthcare industry, Thompson and Manzelli have decided to offer their expertise, innovative products and services through this new entity. Inventavis will offer expert strategic guidance on a variety of business elements including new customer markets, programs, services and products across the Life and Health spectrum. In addition, Inventavis will provide access to some of most advanced technology in the industry.

Mr. Thompson said, “We are truly excited to offer our services direct to the marketplace, as this will allow us to be effective change agents for our clients. Our customer segments include but are not limited to health systems, insurance carriers, technology vendors, Third Party Administrators, employer groups, Taft Hartley organizations, associations, healthcare investors, select brokers and consultants.”benefit plan building, employee engagement, technology, customer ice, implementation and vendor selection

Mr. Manzelli added, “Inventavis is the culmination of years of market exposure and relationship building with other healthcare leaders that we deeply enjoy working with. We will offer strategic engagement development and management, benefit plan building, employee engagement, technology, customer service, implementation and vendor selection among other key value-adds. Our focus will be not only to advise but to actually implement and drive success.”

Inventavis has offices in Albany, New York and Fresno, California to service its national client base. In addition to its operations in the US, Inventavis will also offer services internationally—focused initially on the Caribbean and Central America.

For more information contact – smanzelli@inventavis.com or 518-419- 2452.

Inventavis Announces ProCare as New Client

Fresno, California; January 2, 2018

Inventavis announced today that it has entered into a consulting and distribution agreement with ProCare Dental Designs LLC. ProCare has created a revolutionary dental program being launched throughout the US.

Inventavis co-founder Stephen Manzelli said, “The addition of this innovative new dental program to our product portfolio is very exciting, as Dental plans have been stagnant for far too long.  This new model breaks the mold and offers an effective, economically viable and competitive way to deliver high quality dental care to Americans.”

Inventavis will provide strategic guidance, risk mitigation and distribution to ProCare through its consulting division.

ProCare CEO Qadeer Ahmed said, “We are pleased to partner with the industry experts at Inventavis, and look forward to a rapid launch and comprehensive growth.”

About Inventavis

Inventavis is an innovative consulting and distribution company. It offers expert strategic guidance on a variety of business elements including new customer markets, programs, technology, services and products for the Life and Health industry.

Inventavis was formed by two leading health industry executives with over 65 years of combined experience and a long track record of success. Inventavis has offices in New York and California to service customers across the US and internationally.

About ProCare Dental Designs LLC

ProCare is led by executives with a record of multi-billion-dollar value creation, industry transformation and “must-have” product design, in diverse industries, countries, and market conditions. ProCare has created a revolutionary dental coverage product which provides elite quality care, to individuals and groups, at prices and benefit levels not seen in the industry. ProCare products will be offered through high quality, licensed partners in the dental coverage industry, as part of an overall program to modernize, measure and improve the global delivery of dental care.

For more information contact – smanzelli@inventavis.com or 518-419-2452.