The Automotive Service Association (ASA) has announced a new health insurance trust plan for its members that will provide access to a number of different health plans. ASA surveys show approximately 75% of ASA members offer health insurance coverage as part of their employee benefits package.
Called the Automotive Industry Health Insurance Trust (A-HIT), the new benefit will be launched early this year and will include a regional rollout to offer the program nationwide by the end of the year.
"Association trusts enjoy several advantages in the small group marketplace, including the potential to lower the cost of health insurance by group pooling and experience-based underwriting," said John Scully, ASA executive vice president. "Participation in an association trust positions small employers to be able to address health care reform and changes as
they develop."
A-HIT will feature several group benefits, including medical and dental plans, a premium-only plan (POP), flexible spending accounts (FSAs) and health reimbursement arrangements (HRAs). Au individual short-term medical product will also be available.
"We are pleased to offer ASA members a group benefit program and look forward to phasing in the program throughout the year," said B.J. Johnson, ASA's director of membership development anel affiliate relations. "He-pair facilities that are currently members of ASA will be notified by letter when the A-HIT health coverage program will be available in their state. Further announcements will also be made in various ASA publications. Prospective members of ASA may call the membership department for additional details."
Copyright Hearst Business Publishing Feb 2007
Provided by ProQuest Information and Learning Company. All rights Reserved
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