New Life Agency, Inc. Joins Forces With The Diamond Institute and Walgreens Specialty Pharmacy to Introduce the Nation's First In Vitro Fertilization Insurance Program
By New Life Agency Insurance Agency Inc., PRNETuesday, January 19, 2010
Innovative plan designed to help patients save thousands of dollars on fertility treatments and medications
LOS ANGELES, January 20 - New Life Agency, Inc. today announced that it has joined forces with New
Jersey-based The Diamond Institute IVF Center and Walgreens Specialty
Pharmacy to create the nation's first IVF insurance program. The Assisted
Reproduction Care (ARC) Insurance Program(SM) offers patients suffering from
infertility feasible financial solutions for the ever-rising costs of In
Vitro Fertilization (IVF) treatments, procedures and fertility medications.
The ARC Insurance Program(SM) combines insurance coverage with a
fertility medication discount plan that can save The Diamond Institute IVF
center's patients more than 50 percent on the cost of standard services,
totaling thousands of dollars over the average treatment term. In addition,
the program offers hundreds of dollars in discounts on fertility medications
through Walgreens Specialty Pharmacy. The innovative program goes beyond the
traditional IVF shared risk program offered by some IVF centers by
aggregating the cost of consultations, testing, complication insurance, IVF
treatments, surgical treatments and medications to offer unbeatable total
savings.
The ARC Insurance Program(SM) offers 10 doctor-recommend plan options for
individual fertility needs, allowing the patient to move through their
treatment process fully aware of the total cost of each phase. If pregnancy
is not achieved, the program offers refunds and credits during the 18-month
enrollment term.
New Life leveraged its industry-leading insurance offerings along with
its exclusive third-party administration capabilities through New World
Administrators, Inc. to forge this unique strategic relationship with Diamond
Institutes IVF Center and Walgreens Specialty Pharmacy. The ARC Insurance
Program(SM) is currently offered exclusively through The Diamond Institute
IVF Center and will be expanded to additional approved IVF centers and
providers in 2010.
Trish Taylor, president of New Life Agency, announced, "Our partnership
with Diamond Institute and Walgreens is a great beginning to an
industry-altering turn towards giving patients facing infertility more
financial control and insurance surety where they have none today. Our
partnerships' demonstrate our company's commitment to help patients and we
hope more IVF centers will join our program when we open our offerings to
additional providers in 2010."
Matan Yemini, MD, co-director of The Diamond Institute said today, "Our
IVF centers' collaboration with New Life was more than a year in creation and
is a unique program to serve patients in these tough economic times."
Enyde Polesuk, vice president of product development for Walgreens
Specialty Pharmacy added, "Our goal is to offer personalized fertility care
and the best possible solution for these very specialized pharmacy needs. We
are pleased to be a part of this first-of-its-kind cost-savings offering and
look forward to making our services more accessible than ever for hopeful
parents-to-be."
About The Diamond Institute
The Diamond Institute is an independent, private center devoted to the
diagnosis and treatment of infertility. Since 1968 the Institute has offered,
in one comprehensive setting, sophisticated state of the art laboratories,
operating rooms, consultation offices and all support services.
About New Life Agency
New Life Agency, Insurance Agency is a fully licensed Surplus Lines
Company across the United States as a Lloyd's of London Coverholder and
underwriter offering insurance products secured and "A" rated superior
security by A.M. Best, financial size XV (excess of two billion dollars). New
Life provides insurance for intended parents, surrogates, egg donors and the
professionals of the assisted reproduction medical industry with over 10
years of experience exclusively in Assisted Reproduction Insurance(R).
A new standard of care for New Life Agency, Inc. is New World
Administrators, Inc. New World Administrators is a third party administrator
providing customer care and claims handling service exclusively to New Life
Agency, Inc. and are committed to providing World Class customer Care in
claims servicing and administration to our clients. New Life Agency,
Insurance Agency, Inc., +1-877-952-5433(LIFE), www.newlifeagency.com
About Walgreens Specialty Pharmacy
Walgreens Specialty Pharmacy LLC., a wholly-owned subsidiary of Walgreen
Co. operated by its managed care division, Walgreens Health Services, is a
national provider of injectable and biopharmaceutical medications dedicated
to serving the needs of patients living with complex, chronic health and
medical conditions. Walgreens Specialty Pharmacy provides personalized care
and services through dedicated fulfillment centers across the country and
electronically linked Walgreens pharmacies, including locations in academic
medical centers, community hospitals and physician office buildings.
Walgreens Specialty Pharmacy assists patients in obtaining medications,
coordinates insurance benefits and provides individualized therapy management
and clinical support.
Trish Taylor, President Founder of New Life Agency, Inc., +1-877-952-8082, trish at newlifeagency.com; or Rochelle Siorta of The Diamond Institute, +1-973-761-5600, rochelles at diamondinstitute.com; or Enyde Polesuk of Walgreens Specialty Pharmacy LLC., +1-973-796-3307, Enyde.polesuk at walgreens.com
Tags: california, Los angeles, New Life Agency Insurance Agency Inc., Scandinavia, Western Europe
February 2, 2010: 5:33 am
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