Allied National Insurance Review
Allied National stands as a leading provider of small group health benefits, specializing in innovative insurance plans designed to cater to the needs of small employers and individuals. This comprehensive review delves into the history, products, pricing, customer service, and overall reputation of Allied National to help you determine if their offerings align with your insurance requirements.
Overview
Year of Establishment and Background Story
- Year of Establishment: 1951
- Founders: Bill and Ernestine Ashley
- Background Story: Allied National was founded as a brokerage in 1951. In 1970, the Ashleys established Allied Group Insurance Trust, one of the nation's pioneering multiple employer trusts for small group health insurance.
Key Milestones in the Company’s History and Growth
- 1976: Ray Fushimi joined the Ashleys as a partner at Allied in 1976. He retired in 2019, transitioning to selling Medicare supplement plans.
- 1984: Allied moved its operations into a historic building situated in downtown Kansas City, Missouri, where it remained for 24 years.
- 1993: Allied incorporated as Allied National, Inc.
- 2008: Allied relocated its headquarters to Overland Park, Kansas, and introduced a distinctive small group level-funded plan known as Funding Advantage.
- 2020: Allied National celebrated its 50th anniversary and became a part of 90 Degree Benefits, a subsidiary of Blue Cross Blue Shield of Alabama.
Regulatory Compliance and Licenses
Allied National operates under the licenses and certifications of its parent company, 90 Degree Benefits, a subsidiary of Blue Cross Blue Shield of Alabama. The company diligently adheres to all regulatory requirements to ensure the provision of secure and reliable insurance services.
Insurance Products and Services
Main Insurance Products
- Types of Insurance Offered:
- Health Insurance: Allied National provides a diverse range of health insurance plans, encompassing PPO, Cost Saver, and Minimum Essential Coverage plans. These plans offer comprehensive coverage options meticulously tailored to meet the specific needs of small employers and individuals.
- Coverage Options and Policy Details:
- PPO Plans: These plans empower policyholders with the flexibility to choose their healthcare providers while encompassing coverage for a wide spectrum of medical services.
- Cost Saver Plans: Geared towards budget-conscious employers, these plans deliver essential coverage at a lower premium rate, making healthcare accessible for those seeking affordability.
- Minimum Essential Coverage Plans: These plans furnish basic preventive coverage with the added benefit of small copays, providing a balance between essential coverage and cost-effectiveness.
Additional Services
- Other Services Provided:
- Financial Advisory: Allied National offers financial advisory services to assist employers in effectively managing their health insurance budgets, ensuring cost-efficiency and financial stability.
- Retirement Planning: The company provides retirement planning services to safeguard the financial future of employees, ensuring they are well-prepared for their post-employment years.
- Claims Assistance: Allied National offers comprehensive claims assistance to guarantee that policyholders receive timely and efficient service during the claims process, minimizing inconvenience and maximizing support.
Premiums and Pricing
Pricing Structure
- Overview of Premium Rates for Different Types of Insurance: Premium rates offered by Allied National vary depending on the specific insurance plan chosen. The company presents competitive pricing structures that cater to the diverse budget requirements of employers and individuals.
- Comparative Analysis with Industry Averages: Allied National's premium rates are generally considered competitive within the industry, providing clients with value for their insurance investment.
Discounts and Special Offers
- Available Discounts:
- Multi-Policy Discounts: Policyholders can leverage multi-policy discounts by bundling multiple insurance policies with Allied National, maximizing cost savings and convenience.
- Safe Driver Discounts: Drivers possessing a commendable driving record qualify for safe driver discounts, rewarding responsible driving habits and promoting road safety.
- Loyalty Rewards: Long-term policyholders are eligible for loyalty rewards for their unwavering commitment to Allied National, recognizing and rewarding their continued patronage.
- Promotional Deals and Limited-Time Offers: Allied National occasionally extends promotional deals and limited-time offers to attract new clients and retain existing ones, providing opportunities for cost-effective insurance solutions.
Customer Service and Support
Contact Methods
- Available Customer Service Channels:
- Phone: Policyholders can readily connect with Allied National through its dedicated customer service phone lines, ensuring immediate and direct assistance.
- Email: Customers can conveniently reach out to the company via email for inquiries and support, allowing for a detailed and thorough communication channel.
- Live Chat: Allied National provides live chat support on its website, enabling immediate assistance for quick inquiries and real-time support.
- Availability of 24/7 Support and Multilingual Assistance: Allied National offers 24/7 support to ensure that policyholders receive assistance whenever needed, regardless of the time of day or night. Furthermore, the company provides multilingual assistance to cater to the diverse needs of its international clientele.
Pros and Cons of Allied National Insurance
Pros
- Competitive Premiums: Allied National offers competitive premium rates, often lower than industry averages, making it a financially appealing option for employers and individuals seeking cost-effective insurance.
- Comprehensive Coverage: The company provides a wide range of insurance plans with comprehensive coverage options, ensuring that policyholders receive adequate protection against a variety of risks and unforeseen circumstances.
- Innovative Plans: Allied National has introduced innovative plans, such as level-funded plans and reference-based pricing, which have garnered positive market reception and recognition for their unique features and benefits.
Cons
- Complex Plans: Some of the innovative plans offered by Allied National can be complex in nature, requiring careful understanding and consideration to maximize benefits and ensure policyholders are making informed choices.
- Limited Geographic Coverage: While Allied National operates nationally, its services might not be as extensive in certain regions. This could be a drawback for some policyholders seeking comprehensive coverage across all locations.
Conclusion
Summary of the Main Points Covered in the Review
Allied National is a reputable insurance company with a rich history spanning over 70 years, dedicated to serving the needs of small employers and individuals. The company boasts a diverse portfolio of innovative insurance plans, including level-funded plans and reference-based pricing, designed to provide comprehensive coverage at competitive premium rates. Allied National further distinguishes itself through exceptional customer service, accessible through multiple channels such as phone, email, and live chat, ensuring that policyholders receive timely and efficient support.
Recommendations on Who Would Benefit Most from the Company’s Insurance Offerings
Employers and individuals seeking affordable and comprehensive health insurance plans with flexible coverage options would find Allied National's offerings particularly advantageous. The company's innovative plans and competitive premium rates make it an attractive choice for those prioritizing value and tailored coverage in their health insurance.
Frequently Asked Questions about Allied National Insurance
Answers to Common Questions about the Company’s Policies, Claims Process, and More
- What types of insurance plans does Allied National offer?
Allied National provides a diverse range of health insurance plans, including PPO, Cost Saver, and Minimum Essential Coverage plans, catering to various needs and budgets.
- How do I contact Allied National for customer service?
Policyholders can connect with Allied National through its dedicated customer service phone lines, email, or live chat on its website, ensuring convenient and responsive support.
- What are the key highlights of Allied National’s market position and reputation?
Allied National is recognized for its commitment to providing affordable health insurance options with flexible coverage plans. The company's introduction of several unique plans has earned positive market reception and solidified its reputation for innovation.
- How does Allied National ensure regulatory compliance?
Allied National operates under the licenses and certifications of its parent company, 90 Degree Benefits, a subsidiary of Blue Cross Blue Shield of Alabama. The company meticulously adheres to all regulatory requirements, ensuring the provision of secure and reliable insurance services.
- What additional services does Allied National offer besides insurance plans?
Allied National offers financial advisory services, retirement planning, and comprehensive claims assistance to ensure that policyholders receive timely and efficient service, maximizing their overall experience and support.
References
- https://www.alliednational.com/anniversary.html
- https://www.alliednational.com/carrierinformation.html
- https://www.alliednational.com/history.html
- https://www.alliednational.com
