Posted May 17, 2012
The Greyhound Corporation had a famous slogan that encouraged Americans to, “Go Greyhound – And Leave the Driving to Us.” Greyhound offered a hassle-free driving experience where people could avoid the issues of driving and enjoy the ride to a destination of their choice.
This same analogy can be applied to the Administrative Services Only (ASO) option offered by Ameritas Group. With ASO, the employer (policyholder) is responsible for the cost of dental, vision and hearing plan claims and assumes the financial risk, which helps lower their overall costs. Ameritas assumes responsibility for servicing and processing the claims, including the actuarial and underwriting services, plan materials and descriptions, and bills employers for the administrative costs.
ASO works best for employers with a solid claims history, because it is easier to predict the amount of money they will need to pay claims for employees and their dependents.
Review Ameritas’ case studies, including a case study about ASO. With ASO, employers can self-fund their organization’s claims, and enjoy quality dental, vision and/or hearing care benefits for employees and their dependents, without the hassle of administrative tasks.