There is strength in numbers. DiversityRx leverages the scale and power of its clients’ combined pharmaceutical spend to reduce employers’ pharmacy benefit plan costs and mitigate increases through contract clarity and an alignment of employer, employee and program interests.
THE IMPORTANCE OF DIVERSITY
Many public and private employers are view diversifying their spend as an important part of their purchasing strategy.
As described by the National Minority Supplier Development Council (“NMSDC”), “Companies are certain about one thing: Asian, Black, Hispanic, and Native American suppliers are essential for future growth. The ability and need, to do business around the world means that a diverse supplier base has become a critical competitive advantage for companies of all sizes. It not only allows them to take advantage of the best and brightest for the goods and services they purchase, but it also helps them better connect with their own diverse customer base.”
Beyond embracing supplier diversity, DiversityRx enables employers to meet their Tier I and Tier II supplier goals.
Mr. Duggin has spent more than 30 years assisting clients in the design and development of managed care programs. He founded AV Consultants, Inc. (AVC) in 1982 and developed it into a leading commercial insurance consulting, risk management and brokerage firm. Mr. Duggin formed Consolidated Risk Services, Inc. (CRS) in 1992 which became a leader in alternative risk program management for workers’ compensation and other casualty programs. He subsequently formed AV International, Inc. (AVI) in 1998, a holding company for AV Consultants and Consolidated Risk Services, Inc., as a vehicle to manage and direct the future expansion of his insurance services enterprise. In 2000, AVI West Coast, Inc. was founded, facilitating AVI’s expansion to the West Coast.
In 2011, Mr. Duggin created AVI Specialty Group (“AVISG”), a leading minority controlled Wholesale Insurance Broker and insurance underwriter for sophisticated commercial Property and Casualty insurance and specialty health insurance products. With his expertise in employee benefits, healthcare, reinsurance, self-insurance and risk management, Mr. Duggin served as a Director of AmeriChoice Corporation (now a member of the UnitedHealth Group).
Mr. Duggin has long supported a variety of educational and cultural institutions. He is a member of the Philadelphia based Barnes Foundation, serves on the National Constitution Center Board and serves on the Board of Trustees for the Jazz at the Lincoln Center. Mr. Duggin is a member of the James Madison Council of the Library of Congress and is a supporter of the John F. Kennedy Center for Performing Arts.
John E. Maupin, Jr, DDS
Dr. John E. Maupin, Jr. is president of J&E Associates, LLC, a healthcare consulting firm. He is immediate past president of Morehouse School of Medicine, in Atlanta, GA, a position he held for eight years until his retirement on July 1, 2014. Prior to joining Morehouse School of Medicine, Dr. Maupin was President of Meharry Medical College in Nashville, TN for twelve years, wherein he was the first alumnus and second dentist to serve in that position.
His other senior administrative positions include Executive Vice President and Chief Operating Officer of Morehouse School of Medicine; Chief Executive Officer of Southside Healthcare, Inc., Atlanta, GA; Deputy Commissioner for Medical Services, Baltimore City Health Department, Baltimore, MD, and Dental Director and President of the Medical Staff with West Baltimore Community Health Center. In addition to his diverse administrative background, Dr. Maupin was a career dental officer in the United States Army Reserves, retiring in 1996 with more than 28 years of service.
Dr. Maupin currently serves on the board of directors of the VALIC Companies, an investment fund complex for American International Group, Inc., Group Retirement Funds; LifePoint Hospitals, Inc., a rural hospital management company; HealthSouth, Inc., an inpatient rehabilitative healthcare management company; and Regions Financial Corp., a regional bank holding company.
Richard began his career in 1975 at Tanenbaum-Harber Company, Inc. While leading the company, Richard helped found Comprehensive Benefits Service Company (”CBSC”), a third party claims administrator for self-funded medical plans. He was named president of CBSC in 1986 when it was sold to Employee Benefits Plans, Inc. (”EBP”), a NYSE company and one of the largest third party administrators and stop-loss insurance providers in the country. After managing EBP, the company was sold to First Data Corporation. Richard then moved on to form Thesco Benefits, which grew to become the 9th largest employee benefit specialist in the country.
In 2006, Thesco merged with Tanenbaum-Harber Co., Inc. to become the T&H Group. The T&H Group grew to become the 26th largest broker in the country. In 2010, T&H Group was sold to Blackstone Partners and merged into Alliant Insurance Services. In 2012, concurrent with the sale of Alliant to KKR, Richard moved on to found ELMC Holdings, LLC.
Richard graduated from Franklin & Marshall College. Shortly thereafter, he received the CLU designation from the American College. Richard has been a member of the Board of Directors of Oxford Health Plans New York HMO, as well as Unimerica Insurance Company of New York. He has been a member of the National Advisory Councils of Aetna, CIGNA, HealthNet and UnitedHealthcare.
Diversity SL is a full-service, minority MGU that provides stop-loss services to both public and private organizations. Diversity SL has formed strategic partnerships with leading national insurance brokerage firms to become the minority partner of choice for firms seeking to work in the urban marketplace, government, or in other areas where diversity initiatives are of concern. DiversitySL is a certified Minority Business Enterprise and works as a strategic and vital partner.