Services: Third Party Administration Services
In addition to insurance benefits, American Central Insurance also provides full administration services. We started out administering Section 125 Cafeteria Plans. While there are different types of Section 125 plans, each provides the opportunity to save money by reducing both the employer’s and employee’s tax liability.
Over the years we have added to the blend other consumer driven products such as HRA’s (Health Reimbursement Arrangements) and HSA’s (Health Savings Accounts).
Many employers today struggle with the challenge of providing an attractive compensation package at an affordable price. As part of our on-going effort to educate the employees of groups we partner with, American Central provides educational meetings for all participants to ensure clarification and provide maximum participation.
We provide all marketing materials, payroll stuffers, enrollment materials, website access, and 10 years of experience to all of our partners regardless of size. We know that offering these consumer driven products and services needs to be recognizeable as a true employee benefit.
The scope of our services include:
- Debit Cards
- Plan Documents
- Compliance Testing
- 5500 Preparation (when required)
- Monthly Employee Communication
- Customer Service 8-5 CST M-F
- Website Availability 24/7
- Coordination of benefits with multiple plans & employee options
Call us today at 217-698-9000, ask for Lynn Koehler, and find out how these employee benefits might be right for your business.