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Seven Corners Announces Peace Corps Renewal Contract
INDIANAPOLIS, IN -- (MARKET WIRE) -- October 25, 2006 - Seven Corners today announced that it has signed its first of four potential option year renewals with the Peace Corps to continue the delivery of Health Care Program Management Contracted Services for the Peace Corps Volunteers Health Care Benefit Program. Seven Corners was selected to provide high-quality technology and administrative services to the Peace Corps originally in October 2005 under a potential 5-year contract if all contract options are exercised.
"Ensuring Peace Corps Volunteers receive quality health care services requires that our technology, people and reporting are able to adapt to the demands of global communication," said Donna Rau, Director of Government Programs for Peace Corps. "Peace Corps health care demands are constantly changing as the global climate where volunteers are deployed can change and be unpredictable in nature. Customized reporting is extremely helpful to the program to see what types of care is being authorized in host country settings. Seven Corner's high-flexibility and high-end technology are created with the Peace Corps customized needs in mind."
"We are excited about the continued partnership with Peace Corps, stated Justin Tysdal," President of Seven Corners, "In today's complex healthcare market and rising healthcare costs, government entities and other multinational organizations are looking for more than health care claims administration; they desire a long-term partner like Seven Corners who delivers a consultative approach on all aspects of their health care program now and into the future."
Under the terms of the contract extension, Seven Corners will continue to provide Volunteer enrollment, customer service, online client and volunteer health care data portals, claims processing, financial management, US-based medical and dental provider network development, and pharmacy benefit coordination.
About Peace Corps
The Peace Corps program engages Americans of all ages and backgrounds in service to help strengthen communities throughout the globe. Peace Corps maintains a government funded healthcare program for approximately 7,800 Peace Corps Volunteers located throughout the world.Peace Corps was established in 1961 by John F. Kennedy to promote world peace and friendship. The Peace Corps mission has three simple goals: Helping the people of interested countries in meeting their need for trained men and women; Helping promote a better understanding of Americans on the part of the peoples served; Helping promote a better understanding of other peoples on the part of Americans.
About Seven Corners
Seven Corners includes a third party administrator, 24-hour assistance company and underwriting brokerage agency. The company focus is on expanding client relationships, coordinating the services of the existing companies and delivering marketing services, client consulting services, and value-added communication and technological tools. Seven Corners combines the technical skills of a superior third party administrator, the responsiveness of a world wide assistance company, and the resolve of an international insurance broker to provide custom benefit packages to unique organizations throughout the world.Markets served include government programs and multinational organizations such as missionary groups and employers. Enhanced service offerings include assistance / experience in designing medical benefit programs, comprehensive / consultative reporting, understanding of foreign medical providers billing practices, administrative cost containment controls, payments in foreign currencies and a proven, full service interactive e-channel into the health plan. Seven Corners, Inc. is based in Carmel, Indiana. For more information visit the Web site at www.sevencorners.com
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