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"Vision care helps keep employees healthy and productive. And as one ofthe most popular employee benefits, vision insurance can help employersattract and retain valuable employees," said Jane E. Hood, vice president ofEmployee Benefits Marketing. "With our new vision plans, employers can selectfrom three distinct offerings that help them meet their specific budgetary andbenefits needs."
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Available on both an employer-paid and voluntary basis, The Standard'svision plans contain a variety of provisions that will help employees savemoney on vision-care services. Each plan can be designed to fit the needs of adiverse workforce and each is backed by The Standard's commitment to providingexcellent customer service.
The three new plans are:
Balanced Care Vision(SM) Plan IEmployees receive preferred pricing on a variety of vision-care services whenthey select providers from the VSP nationwide network. Services include LASIKand Photorefractive Keratectomy (better known as PRK).
Balanced Care Vision(SM) Plan II
This plan provides discounts through EyeMed's national network of vision-care providers. The EyeMed network includes some of the largest opticalretailers in the U.S., including LensCrafters(R), Sears Optical(R), TargetOptical(R), JCPenney Optical and most Pearle Vision(SM) locations.
Balanced Care Vision(SM) Plan III
This flexible plan takes the guesswork out of vision care. The benefitsare the same for employees no matter which vision-care provider they choose.
About The Standard
StanCorp Financial Group, Inc., through its subsidiaries marketed as TheStandard -- Standard Insurance Company, The Standard Life Insurance Company ofNew York, Standard Retirement Services, StanCorp Mortgage Investors, StanCorpInvestment Advisers, StanCorp Equities, StanCorp Real Estate, and StanCorpTrust Company -- is a leading provider of financial products and services.StanCorp's subsidiaries serve approximately 8.6 million customers nationwideas of March 31, 2008, with group and individual disability insurance, grouplife, AD&D and dental insurance, retirement plans products and services,individual annuities and investment advice. For more information about TheStandard, visit its website at http://www.standard.com.
Disclosure
Information in this news release includes certain statements related toprojected growth and future events. These statements are "forward-looking"statements as that term is defined in the Private Securities Litigation ReformAct of 1995. Because such statements are subject to risks and uncertainties,actual results in future periods may differ materially from those expressed orimplied by such forward-looking statements. See StanCorp's latest annualreport on Form 10-K with the Securities and Exchange Commission for adescription of the types of uncertainties and risks that may affect actualresults.Features of The Standard's Group Vision Plans -- All three plans are available on an employer-paid or voluntary basis -- Low participation requirement (10 employees) -- Toll-free customer-service numbers and an interactive voice response system make it convenient to reach The Standard -- Complete COBRA administration is available to free employers from administrative headaches
SOURCE The Standard