Maestro Health Acquires Group Associates | Business Wire

CHICAGO–(BUSINESS WIRE)–Maestro

Health, a leading benefits administration and exchange provider,

today announced that they've acquired Group Associates, Inc., a

Michigan-based benefit administration company. Group Associates, which

recently unveiled its unique, automated Affordable Care Act reporting

technology, will maintain its current Detroit location and leadership

team. Their automated ACA compliance technology will immediately become

an integral part of the “All-In”

Maestro Health offering.

January 1, 2016 marks the first year employers are required to provide

reports to the IRS and statements to employes as part of the Affordable

Care Act legislation. The law, which carries a financial penalty for

employers that don't comply, has extensive tracking and reporting

requirements that many brokers and employers are struggling to

successfully satisfy.

“Automated ACA reporting capability is a tremendous addition to Maestro

Health, especially in light of the recent Supreme Court ruling that

upheld ACA requirements. The subject matter expertise and quality of

the Group Associates team is where the heart of the value is,” said Rob

Butler, CEO and Founder of Maestro Health. “I talk to brokers and

employers every day. They desperately need more than just the

technology—they need the compliance and security expertise to help them

successfully meet this pending obligation.”

Beginning in January of 2016, the new law requires large employers to

transmit information in to the IRS using Form 1094-C and to distribute

statements to employes and other individuals using Form 1095-C.

“Part of the current challenge facing employers is that most

commercially available alternatives require the employer to be

Affordable Care Act experts and provide the necessary coding. This just

isn’t feasible for most employers—that’s where we come in,” said David

Zick, President of Group Associates.

For over 30 years, Group Associates has been successfully providing

benefits administration and compliance for employers. From that

expertise, they've developed a stand-alone reporting solution with

coding capabilities that not only collects the information. Can also

solve the complicated coding necessary to be compliant.

“We see the employer market increasingly seeking more comprehensive,

all-in-one type solutions featuring benefits administration, enrollment,

private exchange and health management on one platform,” said Zick.

“That's why we're thrilled to become part of the Maestro Health team

and their ‘All-In’ solution.”

Zick, who'll continue as President of Group Associates, has been in

the employer sponsored healthcare business for over 35 years and founded

Group Associates in 1986. “We've been seeking a partner for the past

nine months and although the Maestro Health platform is the best we’ve

come across, their customer-centric approach, keen focus on compliance

and integrity of their team made our decision very easy,” added Zick.

About Maestro Health™

Headquartered in Chicago, IL, Maestro Health (http://www.maestrohealth.com)

is the only technology-meets-service platform delivering the most

complete, all-in employe health &. Benefits management solution for

brokers and employers. The Maestro Health vision is to put employers in

control of all aspects of today’s complex employe health &. Benefits

system. Our partner base ranges from small employers to Fortune 1,000

organizations, whereby we offer integrated “one stop shopping” along

with private labeled exchange solutions. Maestro Health owns and

operates a private exchange, benefits administration, enrollment,

self-funded insurance, healthcare savings account administration and

consolidated billing solution—unifying them on a single, comprehensive

mobile and web platform—maestroEDGE. Simply put, “We believe benefits

work better when they work together.”

About Group Associates, Inc.

Bingham Farms, Michigan based Group Associates (www.groupassociates.com)

has been providing benefits administration services for employers

throughout the country since 1986. Group Associates’ clients range from

local employers to Fortune 500 companies. Group Associates uses

internally developed and supported technology to provide a broad range

of services related to employe benefits, helping companies reduce costs

and increase efficiencies related to health and welfare program

administration.

Maestro Health
Lauren Metsig, 847-780-8032
lmetsig@maestrohealth.com