IIS Benefit Administrators is a national TPA (third party administrator). IIS Benefit Administrators process claims payments between employers, carriers, and the providers in self-funded commercial health insurance plans. With IIS Benefit Administrators you can enter the self-funded space without fear of exposure to large claims or large cash flow swings. IIS Benefit Administrators can help employers lowers fixed cost by 45 percent and helps employers see and pay for pure health care cost!
The spectrum of the IIS Benefit Administrators product choices is what you would expect from a full service benefits provider:
IIS Benefit Administrators uses IHQ Software to deliver game-changing purchasing advantages. Reduce your fixed health insurance costs and offer quality benefit programs with our help.
IIS Benefit Administrators can help you acquire the right health insurance solution for your business. To do this, IIS Benefit Administrators combine self-funded commercial health insurance plans with a Medical Expense Reimbursement Plan, MERP.
Whether you’re a business looking to self-fund its own business health insurance plans or a broker that wants to expand healthcare options for clients, IIS Benefit Administrators can help.
The IIS MERP is a MACRO business model of traditional Self -Funded business principles that allows small to mid-market employers to enter the self -funded space without fear of exposure to large claims or large cash flow swings.Read More About MERPS
Medical Expense Reimbursement Plans, or MERP, are IIS Benefit Administrators’s expertise. IIS Benefit Administrators are one of the few not only to offer this service, but to also specialize in it. Under a MERP, businesses reimburse employees for out-of-pocket medical expenses that are brought upon by the employee or their dependents. It’s a fast and easy way for employees to get the treatment they need, while at the same time getting eventual compensation from employers.Learn More
IIS Benefit Administrators provides third party administrator (TPA) services. IIS handle claims, process data, and handle other aspects on behalf of our clients and partners. This allows clients more time to focus on other aspects of their business while we focus on what IIS Benefit Administrators’re experts in.Learn More
General Agent services, or GA, provides some additional assistance for businesses looking to evolve their Group Health Insurance coverage.Learn More
Whether you’re a small start-up with only two or more employees or a medium-sized company with a few dozen IIS Benefit Administrators can find a self-funded commercial health insurance plan for you that benefits everyone.
When you work with IIS Benefit Administrators to get a proper business health insurance plan, IIS can help your company achieve higher productivity and experience less downtime.
When you work with IIS Benefit Administrators, you get access to a large network of healthcare providers . Give yourself and your employees the opportunity to enjoy a wider range of doctors and healthcare facilities that fall under the umbrella of IIS Benefit Administrators’s approved providers. Different locations, more choices, and better access are always good things for a healthier, more productive business.
With a properly implemented Group Health Insurance plan, you can be smarter with your finances for your business. Employer payroll taxes, for example, may experience reductions if your employees are making contributions to insurance. Employer contributions, on the other hand, can be tax-deductible, which is a strategic expenditure.
When you come to us, this isn’t like buying a product where you only have one off-the-shelf option, and it’s up to do your research. IIS Benefit Administrators has the industry knowledge and experience to guide you through the entire self-funded commercial health insurance process, first assessing your business size, resources, and needs. Plus providing a unique solution specific to YOU, not a generic, one-size-fits-all policy.
For people in the business of providing guidance and business health insurance options to clients, IIS Benefit Administrators is a good partner to have for your clients. We can provide you with a greater spectrum of group plans, open up your access to different healthcare providers, and give you the versatility to tailor just the right health plan for your small or medium-sized enterprise clients.