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ACHES Insurance Programs Endorsed by National Baptist Convention USA.


SAN FRANCISCO--(BUSINESS WIRE)--Sept. 16, 1996--African American Church Health & Economic Services Inc. ("ACHES"), Monday announced that its programs were overwhelmingly endorsed by the National Baptist Convention National Baptist Convention is the name of several historically African-American Christian denominations, among which are the following:
  • National Baptist Convention, USA, Inc. - The oldest and largest
  • National Baptist Convention of America, Inc.
, USA Inc. ("NBC NBC
 in full National Broadcasting Co.

Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network.
,USA") at NBC,USA's annual national convention, which met in Orlando, Fla. this month.

The convention was attended by over 50,000 members. Total membership in NBC,USA is in excess of 8.2 million church members, making it the world's largest African American church organization.

ACHES' mission and programs were explained to the General Assembly of the convention by Dr. Amos C. Brown, pastor of Third Baptist Church Third Baptist Church is a Baptist church in the United States located in St. Louis, Missouri. It is affiliated with American Baptist Churches USA, the Cooperative Baptist Fellowship and the Southern Baptist Convention, and supports the work of the Baptist World Alliance.  in San Francisco. NBC,USA's endorsement of ACHES then was announced to the Assembly during his annual address by Dr. Henry J. Lyons, president of NBC,USA.

Dr. Lyons said, "ACHES is a very vital program, which provides quality healthcare for African Americans. I will rely on Dr. Brown to bring the ACHES program to our member churches. The ACHES concept definitely is in line with my emphasis on economic empowerment for African Americans and on delivering a more abundant life for the people we serve."

ACHES is a broker for Medicare HMO HMO health maintenance organization.

HMO
n.
A corporation that is financed by insurance premiums and has member physicians and professional staff who provide curative and preventive medicine within certain financial,
 coverage and for individual and group medical, dental and life insurance, primarily to members of African American church congregations and other community groups. ACHES' programs emphasize health education, wellness and preventative medical care.

ACHES has pledged to return 51% or more of its profits to a non-profit ACHES Foundation, which will fund community programs and services. The Foundation will be managed by church and community leaders.

In New York, ACHES offers U.S. Healthcare's Medicare HMO coverage. In California, ACHES offers coverages through Blue Cross of California, including the Senior CaliforniaCare Medicare HMO plan.

Commenting on the NBC,USA endorsement, Ernest A. Bates Bates   , Katherine Lee 1859-1929.

American educator and writer best known for her poem "America the Beautiful," written in 1893 and revised in 1904 and 1911.
, M.D., chairman of ACHES, said: "We are honored that a major African American church organization like the National Baptist Convention, USA Inc. recognizes the potential for healthcare, economic and other benefits to its community which are possible through ACHES' programs. Coordinating closely with Dr. Amos Brown, we will work intensively with church leaders and local congregations to assure the benefits of ACHES are available to them as soon as possible."

ACHES is a subsidiary of San Francisco-based American Shared Hospital Services (AMEX AMEX

See: American Stock Exchange
, PSE PSE

1. pale soft exudative pork.

2. portosystemic encephalopathy.
:AMS AMS - Andrew Message System  for common stock; AMEX:AMS.A for 16 1/2% Notes). ACHES' California activity is based in San Francisco. In New York, ACHES is known as "ACHES Insurance Brokerage."

CONTACT: African American Church Health & Economic Services

Inc., San Francisco

Richard Magary, 800/224-3714
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 16, 1996
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