why iowa bankers insurance & services, inc.?
DESCRIPTION
Presented by Iowa Bankers Insurance & Services Iowa Bankers Benefit Plan Representatives. Why Iowa Bankers Insurance & Services, Inc.?. The IBIS Advantage . Mission Statement Contribute to the success of our customers and - PowerPoint PPT PresentationTRANSCRIPT
WHY IOWA BANKERS INSURANCE &
SERVICES, INC.?
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Presented by Iowa Bankers Insurance & Services
Iowa Bankers Benefit Plan Representatives
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The IBIS Advantage
Mission Statement
Contribute to the success of our customers and
shareholders by providing superior products
and service at a competitive price.
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The IBIS Advantage Specializing in Financial Institution employee
benefits for over 30 years
Competitively priced benefits
Self insured Trust created for Financial Institution
employees
Customizable benefit options to fit your employee needs
Full range of benefit options available
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The IBIS Advantage
Broad Range of Employee Benefit Options Health (vision/chiropractic options) Dental Group Term Life/Additional Life/Directors
Life Insurance Dependent Life Short Term Disability Long Term Disability Supplemental Benefits Group Long Term Care
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The IBIS Advantage Wellmark Blue Cross Blue Shield
Partnership Significant provider discounts in the
BlueCross/Blue Shield network with an average provider savings of 37% in 2010.
Coverage in all 50 states, Canada and around the World through Blue Card!
More than 90% of all hospitals and physicians throughout the United States contract with Blue Cross and Blue Shield Plans.
Value Added Benefits
Low Administrative Costs
Iowa IBBP
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Health Claims86.5%
Adm.Exp13.8%
Operating Margin
.7%
Health Claims
90.35%
Wellmark Adm Fees
5.1%
IBIS Adm.
Expense4.5%
Other Expense.05%
The IBIS Advantage
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The IBIS AdvantageIowa Bankers Insurance & Services
Customer Service Strong dedication and loyalty to
customers Knowledgeable and helpful Over 97 years of experience Employee benefit education One toll-free number for all group
benefits
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The IBIS Advantage Marketing Representatives
Knowledgeable and professional Over 57 years of experience Semi-annual to Annual face to face
meetings
Educational employee benefit meetings
Personal benefit administration training
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The IBIS AdvantageCompliance
In-house Compliance Officer Timely communications Reporting requirements provided for
you Form 5500 for health plan Medicare HIPAA ERISA
Benefit administration compliance consulting
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The IBIS AdvantageHealth Care Reform Education
Timely updates Reliable Resources
Davis Brown Law Firm Wellmark
Annual Health Care Reform Addendum
Health Care Reform webpage: www.bankers-ins.com
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The IBIS AdvantageGoing Green
Online Administrative Services
Online Customized Summary Plan Documents
and Certificates
Online Administrative Resource Manuals
Cost Savings to the plans and you!
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The IBIS Advantage
Thank you for your continued support of the Iowa Bankers Benefit Plan and
the benefits offered through Iowa Bankers Insurance and Services,
Inc.
We look forward to serving you in the future.