• IAG expands Bronze level offerings

    Insurance Applications Group entered 2015 with every single IAG client able to offer a fully ACA-compliant insurance and benefit solution to their employees – all 1,500 IAG groups were able to reassure their customers that they were with a responsible staffing firm with fully ACA-compliant insurance solutions. 

    Today, as we enter the critical decision period for 2016 planning, crafting regulatory compliant and sustainable solutions for use by IAG clients is still our number one task. The private health insurance market continues to assess, evolve, and react to the dramatic changes brought on by the ACA and unexpected Government rulings. 

    IAG continues our close scrutiny of all these market forces and players. As carriers, consultants, brokers, advisors and other “experts” in benefits try new tactics to stay relevant, we thoroughly vet and evaluate each and every one using our experience and rigorous analytical tools to gauge utility, value and safety for our clients.

    In an attempt to help you finalize your direction and decision, we have outlined key points of information for you to consider. These points include current IAG products available to the staffing industry and evolving trends in ACA strategy by national firms.

    Insurance Applications Group Expands Bronze Plan Offerings

    IAG’s major medical plan options now include fully insured, fully compliant Bronze level plans underwritten by the largest and most financially sound carriers in the business. BCS, Anthem Blue Cross, United Healthcare and Aetna are all available to you as an IAG client. 

    These large major medical underwriters have reviewed IAG’s Staffing Specific Administrative Platform, including our proven implementation and enrollment processes. They understand IAG’s leadership position in the Staffing Industry, and have agreed to process fully insured major medical quotes specifically for IAG clients.

    IAG can now quote a fully insured bronze level plan in all states including New York, New Jersey and California.

    These providers have been assembled purposefully to serve the varied needs of our national client base. Each is a specialist in a regional or state venue, with a few so powerful as to reach all 50 states. Combined, they provide a comprehensive menu of quality offerings for our clients.

    No single carrier or product fits every staffing firm’s situation, and no other agency or consultant provides such a wide range of solutions from such a varied and quality group of underwriters.

    Now is the time to submit your company’s census to receive a quote! The deadline to establish a practical implementation timeline for Jan. 1 is rapidly approaching!  For more details, call 855.249.1680 or email us now.

  • IAG Named to Inc. 5000 for Sixth Time

    When Inc. Magazine announced its prestigious Inc. 5000 Fastest-Growing Private Companies list recently, one brand that repeated on the list in 2015 earned an increasingly uncommon added distinction. 

    With growth enhanced by interest in its new ACA technologies and administration applications, Insurance Applications Group (IAG) — whose award-winning Essential StaffCARE product makes it the largest provider of ACA-compliant health plans and supplemental employee benefits to the staffing industry — was named to the 2015 Inc. 5000 list of America’s Fastest-Growing Private Companies for the fifth consecutive year. In doing so, IAG earned a place on Inc.’s Honor Roll — a distinction fewer than 18% of honorees achieve. It also marked IAG’s appearance on the list for the sixth time in seven years.

    “We are thrilled to be recognized again as one of America’s fastest growing companies,” stated J. Marshall Dye, IAG’s CEO. “As one of very few firms nationally to make the Inc. 5000 Honor Roll, we dedicate this recognition to the commitment and hard work of our IAG team, and to the successful partnerships that we have created with our staffing industry clients and insurance industry colleagues.”

    The Inc. 5000 list measures revenue growth from 2011 through 2014. To qualify, companies must be U.S. based and privately held, while meeting strict financial reporting requirements.

    The magazine surveys private America’s independent businesses to take a comprehensive snapshot of that critical part of the economy. Participating companies vary widely in their focus, ranging from digital media companies, retailers and food and beverage companies to advanced manufacturers, telecommunications and technology businesses.

    “We attribute IAG’s growth and success to our ongoing development of advanced technology solutions and ACA-compliant insurance products,” said Dye. “Our focus is on leading edge processes that are grounded in the fundamentals which make the insurance industry great. Our mission is to help our customers manage and mitigate their exposure to the increasing costs associated with the Affordable Care Act, and to meet their corporate responsibility to provide quality benefits to employees and their families.”

    Nearly 30 million businesses are registered in the United States and thus eligible for consideration; past honorees have included Under Armour, Visa, Intuit, Timberland, Publix, Patagonia and Zappos.com.

     And — of course — IAG.

  • Prepare for IRS 1094/1095 Reporting Requirements

    Employers subject to the employer shared responsibility provision under section 4980H of the Affordable Care Act are required to provide full time employees and the IRS with year-end reports regarding Employer-Provided Health Insurance Offer and Coverage for 2015.  As with many aspects of the ACA, the rules regarding this reporting are complex and can be confusing.

    To assist you, ESC and our third-party administrator PAI have prepared a helpful bulletin summarizing requirements and providing you with other helpful links.  Click here to review that bulletin. 

    PAI will begin providing the year-end information that you need to file your IRS 1094 and 1095 reports in December 2015 and early 2016.  This information will be delivered via the secure FTP folder directory provided to you, and an email notice will also be sent alerting you when the information has been posted.

    We also understand that many software providers to the industry are enhancing system capabilities to assist in preparing these reports.  Several ESC strategic partners are developing processes enabling you to upload information into their system to automate reporting and generate the required IRS forms 1094 and 1095.  You can check with your software provider to learn what measures they are taking in this regard.

    For much more detail on Forms 1094 and 1095, the IRS also provides this helpful link.  Be sure to check it out if you have additional information requirements.

    Please let us know if you have questions, and as always thank you for your business.


    ESC Tip of the Month

    Making the strategic decision to change your firm’s payroll vendor is never easy.  But once you do select a new provider, one simple email or phone call can save you weeks or even months of headaches and re-work.

    To quote Ben Franklin, “An ounce of prevention is worth a pound of cure.”  Because ESC’s health and benefit plan administration is intricately tied to your firm’s payroll information, be sure to alert your ESC representative in advance of the new vendor’s full implementation of the system. 

    By doing so, ESC can make sure that the systems are integrated and mapped appropriately for reporting and withholding purposes from the outset — rather than going back after the fact and incurring weeks of re-work and often significant cost in “curing” two systems that are not interfacing properly.

    One call is all that it takes to avoid the problem!

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