The updated program will be formally introduced on July 18.
John Stoeckinger, iTRG president, says the rising cost of insurance plans drove the association to take action.
“We listened to our members and understand what they need,” he says. “Having taken that into consideration, we spent the last six months reworking our national insurance program to fit the needs of companies that are 100 employees or more, multi-state locations, companies with 25 – 99 employees, and companies with 5 – 24 employees, and those who want to offer insurance to part time and independent contractors (ie.1099’s).”
For six months iTRG says it has been negotiating with the re-insurance network to bring down the cost of payroll, workers’ compensation, and create flexible comprehensive health benefits packages for their members with quick turn arounds on the quoting process.
Independent truck repair shop owners and independent employees will be able to sign up for the program beginning Monday.
“This is a complex, comprehensive and robust plan full of benefit options but the sign-up process will be remarkably simple for our members. The structure is a multi-million dollar captive insurance program vested by iTRG. The program puts our members inside an insurance program that eliminates having to be a part of the Affordable Care Act, also known as Obamacare,” Stoeckinger says.
