The Industrial Supply Association (ISA) and the National Association of Wholesaler Distributors (NAW) announced the launch of a health insurance program for ISA members. The ISA/NAW Health Insurance Program offers both comprehensive group health insurance plans with flexible benefit options and fully insured and comprehensive group Preferred Provider Organization (PPO) plans. Each is designed for the exclusive use of NAW and ISA members and all members are eligible to participate.
For more information, download this informational PDF.
"The partnership between ISA and NAW can only benefit association members," said John Buckley, Executive Vice President of ISA. "The variety of health insurance plans and programs available could mean tremendous savings for companies choosing to participate."
The ISA/NAW Health Insurance program also offers dental and supplemental life insurance options along with an AD&D benefit. These could offer participating organizations greater flexibility, reduced costs and may help companies hire and retain employees. There are also several consumer-driven, account-based insurance program options that can be tailored to fit companies' needs including Flexible Spending Accounts (FSAs), Health Savings Accounts (HSAs) and more.
The ISA/NAW Health Insurance program provides a number of additional advantages to participating companies. Competitive rates and access to professional services give organizations the freedom to choose healthcare providers from national networks. Companies may customize their plans depending on their size. Participating organizations can also administer their programs online, allowing them to easily add or change eligibility information for their employees.
The ISA/NAW Health Insurance program uses a trust established by the NAW to allow participating organizations to collectively obtain coverage under a single insurance policy. The trust creates a large funding pool that may lower insurance premiums for businesses that might otherwise have to purchase their own insurance. Member companies may use their existing brokers or have one referred to them.
This is a member-only program. You need to be a member to get the policy. You can be a non-member to get a quote. The policy can be written by your current insurance angent/broker. You can give it to him/her to get you a quote. The ISA/NAW Health Insurance program is currently available in 35 states with more being added as they become available.
For more information visit www.naw.flexiblebenefit.com.
