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Article: Middle Market Takes to Employee Benefits.
- Article from:
- American Banker
- Article date:
- April 10, 2003
- Author:
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A number of banks in insurance are adding to or reinforcing their employee benefits operations in a trend that experts say demonstrates the way these banks are focusing on their middle-market commercial customers.
"This is a trend that is going to be a continuing pattern. There is more and more focus on the benefits side within the bank-insurance business, and it is a natural evolution," said James Campbell, a senior vice president at Reagan Consulting in Atlanta.
"Employee benefits is an extremely expensive line item, and every CFO struggles with this year after year. We've seen increasing health-care costs with no end in sight," said Steve Fallon, ...