Insurers Administrative Corporation (IAC) | Insurers Administrative Corporation, which is headquartered in Phoenix, Arizona, was founded in 1978 and became a member of the IHC Group, an insurance organization composed of Independence Holding Company (NYSE: IHC) and its operating subsidiaries, in January 2006. IAC is a third-party administrator whose more than 350 employees service the needs of individuals and employers in the areas of: • Medical • Dental • Vision • Group life insurance and AD&D insurance • Limited Medical • Long-term and short-term disability • Section 125 Cafeteria Plans IAC specializes in the administration and distribution of health benefit plans. Their comprehensive services include marketing support services, underwriting, billing and claims processing for fully-insured, self-funded and partially self-funded benefit plans, as well as international groups and individuals. Cost containment services such as utilization review, medical case management, over 60 PPO’s servicing the United States, Centers of Excellence and a professional anti-fraud program are included in IAC’s menu of services.
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