Principal Financial Medical Insurance

    group medical plan

    NYSE: PFG
    Headquarters: 711 High St., Des Moines, IA 50392
    http://www.principal.com/

    Total assets as of 2009: $285 billion

    Key officers: Larry D. Zimpleman, Chairman, President, Chief Executive Officer; Daniel J. Houston, President, Retirement, Insurance, and Financial Services

    “The Principal” serves 18.9 million customers worldwide and has a presence in the United States, Australia, Brazil, Chile, China, Hong Kong, India, Malaysia, Mexico, Singapore, the United Kingdom, and Europe. The group is one of the leading providers of employee benefits and offers individual and group disability, dental, vision, and life insurance coverage to businesses and employees. Its group medical insurance provides employees with a variety of self-funded, traditional choice, and consumer-driven options.

    Some quick facts about Principal Financial:

    The company can trace its roots back to 1879 when the Bankers Life Association was founded.

    Some of Principal’s group medical plan options include health savings accounts, high deductible health plans, health reimbursement arrangements, PPO’s, and flexible spending accounts. It also can be used to help with prescription drug costs.

    Principal Life Insurance Company, the largest company with the Principal Financial Group, recently received an “A+” (superior) rating from A.M. Best for financial strength.

    Source: Principal.com, Hoovers.com

    Compiled by Life Quotes, Inc. staff

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