Insurance agents and insurance brokers both assist in purchasing insurance policies. However, insurance agents work for a specific insurance provider and sell policies exclusively from that provider. On the other hand, AYG agents act on behalf of the client and can assist in comparing policies from more than 85 leading providers.

AYG True Wellness integrates a Self-Insured Medical Expense Reimbursement Plan with concierge-style wellness services, offering a workplace program where employees can enhance their benefits through participation in a certified wellness program. AYG True Wellness can aid in lowering healthcare expenses for both employees and employers.

This is an employer sponsored workplace program that provides employees the opportunity to upgrade their benefit package with a certified Preventative Care Program while reducing both the employer's and employee's health care costs and expenditures. AYG True Wellness uses the workplace program to reduce business payroll and give employees a spending credit for benefits and reduce your workers comp premiums.

How are you able to give employee benefits by using tax advantage provisions?100% legal. This is a tax qualified Self-Insured Medical Reimbursement Plan with a wellness focus that uses tax advantage provisions under the Internal Revenue Service codes "Section 125 Cafeteria Plan and codes 105, 106, and 213(d)" and ACA wellness rules.

Yes, all benefits can be modified to cover spouse and/or dependents.

You can not cancel at any time because the participant is pre-taxing the wellness program under a Section "125" Cafeteria program, the IRS has certain rules that must be followed such as: participant cannot make any changes to the program until "Open Enrollment" each year unless there is a qualifying event. An IRS approved qualifying event allows the participant to make changes during the plan year that are consistent with the event. AYG Insurance and Financial Services advisor will explain this upon enrollment.

By participating in the plan, the employer decides the details regarding the Self-Insured Medical Reimbursement plan including, what is reimbursed, how often reimbursement is made, and who is eligible to participate.

The preventative care management calculates the Wellness Reserve at 95% of participant's annual income. Therefore, if the employee should miss a couple of days during the year, there should be enough in the reserve to pay the premium amounts without affecting take home pay

The participant will see additional line item deductions on his/her paycheck. To accurately see the effect on take-home pay, compare two identical paychecks (i.e. hours worked, same pay rate, etc.) and that participant will see either a very slight increase in pay or no difference in take home pay.

Yes, after enrolling in the program, participant is approaching retirement age as Social Security is calculated on a 35 year average. One of the benefits we make available to employees is a guaranteed issue cash value life policy that usually accrues cash value at a higher rate than Social Security. (If participant has specific questions on this effect, please consult a CPA).

Participant's year-end taxable income is lowered by the wellness contribution. For specific questions, please contact your tax adviser.