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Description
BIO has partnered with Wells Fargo Insurance Services (WFIS) as the endorsed platform of employee benefits and brokerage solutions. WFIS offers BIO members and participating state and regional biotechnology associations access to all traditional insurance plans plus exclusive offerings from top rated insurance carriers with enhanced benefits and proprietary pricing. WFIS, the third largest US retail insurance brokerage with more 150 US offices nationwide, will work with biotech companies to assess their employee benefit needs and recommend the best, most cost-effective providers.
Member Benefits:
- Access to all insurance carrier programs nationally
- Preferred pricing from leading insurance carriers exclusively for the BIO program
- Comprehensive coverage and liberalized underwriting
- Policies provided by leading insurance companies including Aetna, Great West Healthcare (now part of CIGNA), UNUM, Mutual of Omaha, Principal Financial, VSP, NEBCO and Qualsight
- Unique expertise serving the life science market, with more than 500 current life science clients, making Wells Fargo Insurance Services a nationally recognized premier employee benefits brokerage for life science employers
- A wide array of unique and desirable no- or low-cost benefits to aid with employee recruiting and retention
Wells Fargo Insurance Services Capabilities
- Formalized and coordinated process to fully understand and meet an employer's specific and unique business objectives and its corresponding employee benefits needs
- Strategic assistance to help design an industry-competitive benefits program
- Ability to deliver extra employee benefit services and enhancements through Wells Fargo Insurance Services' extensive service platform
- National ranking in the top 1% of all insurance brokerage and consulting organizations for customer service (Greenwich Survey)
- 99% of clients gave high scores for overall quality of service delivery
| Scope of Employee Benefits Coverage |
| Medical |
Disability (group and individual) |
Business travel accident |
| Retiree Medical |
AD&D |
LASIK (no cost to employer) |
| Dental |
Life (basic and voluntary) |
Identity theft coverage |
| Vision |
Long-term care |
Executive benefits |
| Prescription drug |
Voluntary / worksite benefits |
Eligible State/Regional Biotechnology Association Members
The following state and regional biotechnology associations have partnered with BIO to offer their members the benefits of the BIO Business Solutions program. As a member of one of the listed associations, you can take advantage of the BIO-Wells Fargo program:
Contact Information:
For more information about the BIO-WFIS program, contact Robert Volkel of Wells Fargo Insurance Services by email or at 310-543-9995.
To learn more about WFIS, visit https://wfis.wellsfargo.com/.
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NEW PARTNERS
FreeMind Group: Assists with NIH and DOD funding opportunities. FreeMind specializes in raising funds from government agencies and other non-dilutive sources through grants and contracts.
Not a BIO member? You still may be eligible. View the list of participating state/regional biotech associations.
"The BIO Business Solutions program is very valuable to a company, especially now. Everybody is looking to save money in any way they can, and some ways are, frankly, quite painful. This one is a method that is not painful at all - in fact, it is easy. We pretty much do what we've always done; we're just paying less money for the same things. It's a win-win." Matt Pfeffer, Corporate Vice President and Chief Financial Officer, MannKind Corporation 
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1201 Maryland Avenue, SW Suite 900 Washington, DC 20024-2149 888.246.1728 bbsinfo@bio.org
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