Phoenix, AZ – October 20, 2008 –Insurers Administrative Corporation (IAC) is capturing the attention of general agents and producers with the recent launch of IAC Group Health Plans, a versatile portfolio of major medical plans for small group employers. IAC is a member of the IHC Group, an insurance organization comprised of Independence Holding Company (NYSE:IHC) and its operating subsidiaries.
Brad Waldrop, vice president of sales for IAC, acknowledges that today’s small group health insurance market is fiercely competitive. He notes, “Some producers sell benefits, others sell rates. With IAC Group Health Plans, producers can confidently sell either because this portfolio offers maximum flexibility and price points to fit most every need and budget.”
IAC Group Health Plans include the “me too” traditional plans that some employers and employees continue to prefer. However, the portfolio also has unique, forward-thinking plan designs that offer premium savings with cost-of-service predictability. Waldrop points to the innovative Daily and Saver plans as examples of how a forward-thinking approach to health insurance can benefit employers, employees and producers.
“The Daily and Saver plans are good for employers because they lower premiums through a creative mix of deductibles, copays and coinsurance,” says Waldrop. “They’re also good for employees because they can easily understand their liability for various services. And, these plans are good for producers because they provide a distinctive solution that is hard for potential clients to overlook.”
IAC is one of the first marketers of health insurance plans to include TelaDoc with every plan in its small group portfolio. TelaDoc is an efficient, economical service that provides 24/7 non-emergency medical consultations with licensed, board-certified physicians by telephone for less than the typical copay for a routine office visit. TelaDoc is a win-win for employers and employees.
IAC Group Health Plans are underwritten by Standard Security Life Insurance Company of New York, rated A- (Excellent) by A.M. Best Company. To learn more about IAC Group Health Plans, contact IAC at (800) 446-1223.
Since 1978, Insurers Administrative Corporation (IAC) has specialized in the administration, marketing and distribution of health benefit plans and is proud to celebrate 30 years of service in 2008. As a full-service company providing third-party administration, program management, and marketing and sales assistance, IAC takes pride in providing outstanding, customer-focused service.
The IHC Group is an insurance organization comprised of Independence Holding Company (NYSE:IHC) and its operating subsidiaries, including Madison National Life Insurance Company, Inc., Standard Security Life Insurance Company of New York and Independence American Insurance Company. The IHC Group has been providing life, health and stop-loss insurance solutions for over 25 years. For more information on Independence Holding Company and the IHC Group, visit www.ihcgroup.com.