AVDA Home

The new NAW Insurance Trust is a health insurance program that takes advantage of NAW’s collective member company buying power, rewards healthy companies with lower premiums and offers the added protection of a pooled reserve fund.

To be eligible to participate, a company must be a NAW direct member or a member of one of our member associations such as AVDA. And, all members, not just distributors, are eligible to participate.

Other things you should know about this program are:

The Trust offers a fully-insured health plan administered and underwritten by Trustmark Insurance Company or Trustmark Life Insurance Company (Trustmark) that is distributed and marketed by Flexible Benefit Service Corporation (Flex). The NAW Board of Directors serves as Trustees with sole authority to select group insurance coverage and oversee the reserve fund.

The advantages of the Trust are:

• NAW’s collective member company buying power means lower overall costs.

• Healthy companies are rewarded with lower premiums.

• Unused claims dollars are returned to the Trust’s reserve fund - not the insurance company. This reserve can be used, within legal requirements, to reduce future insurance premium increases or otherwise be distributed to participating members in a manner deemed appropriate by the Trustees.

• Member companies may use their existing agent or select an NAW preferred agent.

• Access to one of the largest physician and hospital networks in the country.

• A wide variety of medical plans, each with deductible and coinsurance options.

• Online tools for plan administrators to manage information for participating employees.

The NAW Board of Directors serves as Trustees with sole authority to select group insurance coverage and oversee the reserve fund.

Through the NAW Insurance Trust, members have access to a comprehensive suite of PPO plans with flexible options, including:

• Varying deductible and coinsurance levels

• Consumer-driven, cost-savings options featuring tax-advantaged plans, such as Health Savings Accounts (HSAs, Health Reimbursement Accounts (HRAs) and more

• A full portfolio of ancillary products to combine with a medical plan, including dental and life/AD&D insurance.

Plus, if you have at least 200 employees electing health coverage, you also have the additional opportunity to customize your plan by choosing an alternate funding arrangement and additional plan designs. Simply contact Flex to learn how a customized benefits package can be created to meet your unique large group needs.

Click here for more information.

© 2007 American Veterinary Distributors Association

You are receiving this email as a benefit of your membership with AVDA. You are not receiving this message because you are subscribed to an electronic list. If you have any input you would like to provide about mailings of this type, please e-mail jackie@ksgroup.org. To unsubscribe to this newsletter, click here.

Important links from this article

NAW Insurance Trust

National Association of Wholesaler Distributors

Notes

AVDA members receive discounted prices on NAW publications and services by virtue of AVDA's NAW membership.