NEW YORK, Nov. 13, 2012 /PRNewswire/ -- National Financial
Partners Corp. (NYSE: NFP), a leading provider of benefits,
insurance and wealth management services, today launched its Health
Care Reform Modeling Tool, a Web-based actuarial analysis tool that
delivers customized assessments of the potential financial
consequences of the Patient Protection and Affordable Care Act
(PPACA) to employer groups. This easy-to-use yet powerful solution
provides NFP's benefits professionals with yet another resource to
help clients design and implement effective employee benefits
programs.
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NFP's national employee benefits practice, a part of the
Corporate Client Group, provides a broad suite of products and
services that enable its professionals to fully support employer
clients. These products and services include an extensive
Benefits Compliance team, actuarial services, human resource
services, benefits administration, communication and analysis
tools, and many additional resources. NFP's benefits
professionals combine their knowledge and expertise with these
resources to deliver comprehensive solutions to NFP's clients.
The Health Care Reform Modeling Tool includes an actuarial
feature that uses data readily available to employers to develop a
customized financial analysis model. It enables advisors to prepare
employers for PPACA's "Pay or Play" provision and "Cadillac Plan" excise tax, which go into effect
in 2014 and 2018, respectively.
Commenting on today's announcement, Ed O'Malley, president,
NFP's Corporate Client Group, said, "NFP's Health Care Reform
Modeling Tool is another example of our commitment to providing our
professionals with the most current technology and resources so
they can develop client solutions based on informed decisions. We
can now do even more than help educate clients on health care
reform implications; this modeling tool provides the ability to
successfully navigate the challenges and opportunities an evolving
marketplace presents."
About NFP
National Financial Partners Corp. (NYSE:
NFP) and its benefits, insurance and wealth management businesses
provide diversified advisory and brokerage services to companies
and high net worth individuals, partnering with them to preserve
their assets and prosper over the long term. NFP advisors provide
innovative and comprehensive solutions, backed by NFP's national
scale and resources. NFP operates in three business segments. The
Corporate Client Group provides corporate and executive benefits,
retirement plans, and property and casualty insurance. The
Individual Client Group includes retail and wholesale life
insurance brokerage, and wealth management advisory services. The
Advisor Services Group serves independent financial advisors by
offering broker/dealer and asset management products and services.
Most recently NFP was ranked eighth on Business Insurance's
100 Largest Brokers of U.S. Business; second on Business
Insurance's Largest Agents and Brokers Headquartered in the
U.S. Northeast; and as the ninth top global insurance broker by
Best's Review. NFP operates the fourth largest executive
benefits provider of nonqualified deferred compensation plans
administered for recordkeeping clients as ranked by
PlanSponsor; operates a top 10 independent broker/dealer as
ranked by Investment Advisor; and has three advisors ranked
in Barron's Top 100 Independent Financial Advisors. NFP is
also a leading independent life insurance distributor according to
many top-tier carriers. For more information, visit
www.nfp.com.
SOURCE National Financial Partners Corp.