Posted by: danielrashke | January 22, 2015

A December to Remember

I am more than excited to announce that our microbusiness sales department had a GREAT December! Our AgriPlanNOW and BizPlanNOW service offerings were literally flying off the shelf in the last month of 2014. In just 31 days our microbusiness sales team sold 742 AgriPlanNOW and BizPlanNOW Plans. Add that to 216 small group Flexible Spending Account Plans and it spells a record breaking month. We haven’t seen this level of microbusiness sales in one month in more than 10 years.

As a point of reference, in December of 2013 we sold 341 Plans. That means we experienced an increase of 217 percent in December of 2014 over the same month in 2013. And in a total team effort, our night processing team stayed until midnight on December 30th and 31st to ensure that all these new Plans were up and running on January 1, 2015. Way to go team!

How do we explain this increase in sales? TASC offers more services for small employers than anyone else in the industry. For example, TASC’s No Limit Plan offers Clients a self-funded health Plan that meets all Healthcare Market Reform requirements. Group insurance is not required, and there is no limit to the amount of insurance premiums or out-of-pocket medical expenses that can be reimbursed to employees. In addition, we offer Non-Employer Sponsored Premium (NESP) and Non-Excepted FSA Accounts (NEFSA) Plans. With an NESP employers and employees can contribute tax-free dollars toward individual health insurance, while an NEFSA allows employers and employees alike to contribute tax-free dollars to help employees pay for eligible out-of-pocket medical expenses.

TASC made the bold decision to offer these Plans when our competition did not. In the end, our competitors were actually recommending business to us. We challenged our microbusiness sales team to step up in December, and they really got the message. In one single December day we handled more than 100 sales!

Congratulations to our microbusiness sales and processing teams for a job well done. And welcome to all of our new small business Clients. At TASC we will do our best to continue to earn your support throughout the rest of 2015 and into the future.


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