Administrative Options

A - Insured

Under an Insured option basis, accounts are rated based on various factors, which include but are not limited to type of Industry, prior utilization experience, plan design and demographics of the group.

We will provide the insured a complete line of services such as:

1. Premium Billing.
2. Termination Protection.
3. Conversion Privileges.
4. Underwriting & Actuarial Services.
5. Financial Reporting.
6. Full Administration.
7. B - Administrative Services Only (ASO).

ASO is a convenient cost effective method of funding employee benefits. This option is normally attractive to larger accounts because of the greater premium base, and provides in addition to the services received by the insured groups other advantages.

1. Reduction of Premium Tax.
2. Elimination of Margin & Stabilization Funds.
3. Employer Control of Reserves.
4. Immediate Benefits of Good Experience.
5. Improve Cash Flow.
6. Elimination Deficit Carry Forwards.