About Agency Insurance Group
Agency Insurance Group is a leading Independent Insurance Agency based in Chattanooga, Tennessee.We have established ourselves as a national leader in the business medical insurance industry with the 'SMART PACKAGE' system. Our mission is simple...to provide value to our customers. That's a trite expression on which few are able to deliver. But with our expert guidance in establishing a Section 125 Premium Only Plan, along with a High Deductible Health Plan and a Health Savings' Account, we mean business.
Tim Young, a partner at Agency Insurance Group, leads the SMART PACKAGE charge. Tim holds a Master's Degree in Business Administration and has 25 years experience in the Employee Benefits' Industry. He has 15 years of carrier experience in Financial Underwriting and Underwriting Management, as well as, 10 years of brokerage experience.
In his fourth year with a HDHP and HSA for himself and his family, Tim practices what he preaches.
"Consumer-Driven Plans make all the sense in the world. Like many, for years my wife and I were caught up in the belief that we needed a rich policy with first dollar benefits. We expected low copayments for all types of health care. But as premium costs rose in the health care system, our minds opened to alternatives. The more we studied HDHPs, the more we appreciated their value. We had been paying exorbitantly for PRE-PAID medical policies, yet all we NEEDED was an insurance plan with a reasonable deductible and out of pocket maximum to protect us (financially) from a serious accident or illness. And with a HSA we could cover the smaller expenses at doctors' offices and pharmacies with tax-free dollars. This wasn't a burden considering how much we saved in premium dollars by going with a HDHP. Our reduced premiums along with our tax savings made this package a no-brainer."
"Consumer-Driven Plans empower employees. They own the HSA so they are incented to be healthier and to make prudent decisions with respect to health care utilization."
Tim Young,
Small Business Health Insurance Expert