Insurance Coordinators of Montana, Inc.
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Employee Benefit Specialists
Consolidated Billing
Flexible Spending Account
Health Savings Accounts
Premium Only Plans

Employee Benefit Specialists
How do you attract and retain quality employees? In today's competitive world employers need something that sets them apart. Insurance Coordinators provides a unique service designed to accomplish that with our regional Employee Benefit Specialists. Our Employee Benefit Specialists goal is to educate agents and employers about the variety of ancillary products available and to help develop an attractive comprehensive employee benefit package. Employers can select from an array of ancillary products offered by several top-rated insurance companies with whom Insurance Coordinators has partnered.

Consolidated Billing
One headache for Human Resource managers is monthly insurance bills. Providing the most attractive, competitive benefits often results in monthly statements from several companies. Wouldn't it be nice to receive one statement? Well now you can! Insurance Coordinators has partnered with a leading electronic billing company offering fully web-enabled premium management services that make billing problems a thing of the past. Services include 24/7 account access, online document imaging, Section 125 and COBRA product tracking, a 403(b) self-compliance module, and more. With unrestricted carrier choices, unlimited product support capabilities, and fully web-enabled online processing, consolidated billing gives companies real flexibility in structuring their employee benefit options. What a service!

Flexible Spending Accounts
What employee wouldn't like to take home more money each paycheck? Cafeteria Plans or Section 125 Flexible Spending Plans are a benefit employers can offer to do just that! Cafeteria Plans increase employee take-home pay at no expense to the employer. As a tax-saving device, both employers and employees may enjoy significant tax savings. Cafeteria plans allow employees to redirect a portion of their wages to pay for certain benefits before their wages are subject to income or social security taxes. In addition to providing tax savings for employees, it also reduces employment taxes paid by the employer. An employer can't go wrong in offering this as part of an employee's benefit package.

Health Savings Accounts
More pre-tax benefits for employees! Health Savings Accounts (HSAs) enable individuals to set aside pre-tax earnings to pay unreimbursed health expenses. It is less restrictive than an MSA because unused account balances can be rolled over to next year as long as the account exists.

Premium Only Plans
Another way to increase your employee's take-home pay is with a Section 125 Premium Only Plan. This allows group insurance premiums to be deducted from their gross salary before FICA and federal and state income taxes are deducted. Qualified benefits eligible for the Premium Only Plan include group health, term life up to $50,000, dental and disability. The employer decides which benefits to include in its plan, while the employee elects which premiums they want deducted from the offered benefits.
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Our unique approach to the complex world of insurance provides individually tailored benefits as well as services that simplify benefits administration.