• E-mail
• Print
• Comment
• Font Size
• Digg
• del.icio.us
• Discuss article

Resolve Secures National Healthcare Plan

Posted on: Thursday, 2 August 2007, 09:18 CDT

Resolve Staffing, Inc. (OTCBB:RSFF) announces today that the Company has secured a first dollar national indemnified healthcare plan with Humana.

Ron Heineman, CEO stated: "Securing a first dollar national healthcare plan is an important milestone for Resolve. Under the Humana healthcare plan, Resolve can now expand in all 50 states. Moreover, this will help to minimize the Company's healthcare insurance reserves, which have caused historical fluctuations in profitability due to the unpredictability of claims and our aggressive growth. Our historical growth has created substantial increases in our healthcare reserves causing us to take large write-offs to accommodate for the increases. With a first dollar fully indemnified national healthcare plan, we have much better risk control by eliminating most of this exposure."

About Resolve HR

Resolve HR (Resolve Staffing, Inc.) is a national provider of Human Resource Outsourcing (HRO) Services with offices reaching from New York to California. The Company employs over 6,000 temporary employees per week and, with the merger with ELS (www.elshr.com), Resolve now manages a PEO payroll of over 12,000 worksite employees in over 40 states with operations and service centers throughout the country. Resolve Staffing now provides turn key human resource management services to help its small-business clients tackle increased complexities associated with the employment aspect of their businesses. These services include payroll processing, employee benefits and administration, workers' compensation coverage, effective risk management and workplace safety programs. Resolve also provides a full range of supplemental staffing and outsourced solutions, including solutions for temporary, temporary-to-hire, or direct hire staffing in the medical, trucking, garment, clerical, office administration, customer service, professional and light industrial categories. For additional information on Resolve Staffing visit our website www.resolvestaffing.com.

Statements contained in this news release, other than those identifying historical facts, constitute 'forward-looking statements' within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.

Source: Business Wire

More News in this Category