DMS partners with Government Personnel Mutual ("GPM Life") and Munich Re to deliver a unique Income Protection product specifically for Federal Employees
GPM Life rolls out its new and innovative disability income product, GovDI this month. Designed to meet the specific needs of federal employees, GovDI supplements basic disability coverage provided under the Federal Employees Retirement System (FERS) in a unique and efficient manner, saving customers money and providing consistent income protection.
GPM Life's VP of Marketing, Gary Shelstad observes: "When we took a close look at the market, we realized that federal employees have significant gaps in their FERS disability coverage. Existing products were not designed well to meet their needs, either being too costly or providing inadequate supplemental coverage."
GovDI provides both short and long-term disability benefits that integrate with FERS and supplement federal workers' income replacement needs. Using jet issue underwriting and GPM Life's industry leading federal salary allotment processing, GovDI is convenient and simple for customers and agents.
GovDI is a byproduct of GPM Life's insight into the unique needs of federal employees combined with the disability expertise and product development capabilities of DMS and Munich Re. In addition to its role in product development, DMS provides the underwriting, administration and risk management for GovDI.
DMS contracts with the Town of Shrewsbury, MA to provide Pension Disability Claim Consulting Services.
DMS has entered into a consulting agreement with the Town of Shrewsbury, MA Contributory Retirement System to provide medical record review and other resource support services in assessing eligibility for their disability pension claims.
DMS contracts with the City of Westfield, MA to provide Pension Disability Claim Consulting Services.
DMS has entered into a consulting agreement with the City of Westfield, MA Contributory Retirement System to provide medical record review and other resource support services in assessing eligibility for their disability pension claims.
DMS presents at Massachusetts Association of Contributory Retirement Systems (MACRS) 2013 Annual Spring Conference
Timothy J. O'Connor, Vice President Claims Operations, and Miriam Steinberg, RN, MPA, CCM, Medical Consultant, were guest speakers at the Massachusetts Association of Contributory Retirement Systems (MACRS) 2013 Annual Spring Conference held in Hyannis, MA. Their presentation "Connecting the Pieces of the Puzzle: Five Key Steps in Assessing Pension Disability", highlighted for MACRS members and other conference attendees, the critical elements in assessing disability retirement at the municipal level. Their presentation included key areas such as employing an expert medical record review, facilitating quality IME review processes, and establishing a sound duration management practice.
Andy Cohen delivers presentation at the inaugural Definitive Disability Conference
Andy Cohen, Secretary & General Counsel, was a speaker at the inaugural Definitive Disability Conference ("DDC") held in Boston, MA. The DDC is a newly formed conference presented by Barger & Wolfen LLP that focuses on issues relating to the evaluation and litigation of individual disability and group LTD claims. Andy's presentation "Amadeo and Beyond: The Unique Issues of Retired and Unemployed Disability Claimants" centered on the unique claims management challenges associated with claims by individuals who were retired or unemployed when their claim began. The sluggish economy and aging workforce made this a timely and well-attended seminar topic.
DMS supports Disability Insurance Awareness Month (DIAM)
May 2013 is Disability Insurance Awareness Month. During this month, the insurance industry focuses on raising awareness of the enormous gap that exists between Americans need for disability income protection and the actual coverage they have in place. The LIFE Foundation is coordinating this industry-wide campaign with dozens of insurance companies and other industry trade groups. During the month of May, the DMS website will display the DIAM logo with a link to the LIFE Foundation website.