After seeing enrollment in its medical plans gradually dwindle to less than 2% of total group membership, the
The carrier will hand off its existing medical insurance business to UnitedHealthcare. The decision follows a similar move last fall by the Principal Financial Group, which also came to an agreement with UnitedHealthcare.
"Our strategic withdrawal from the medical business allows us to place even greater focus on our voluntary business and ensure that our offerings help continue to meet the changing needs and wants of today’s employers," says Scott Dolfi, executive vice president of business and operations for Guardian’s group business.
Guardian Life also recently appointed to the post of senior vice president of group insurance