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The Local Perspective: First Stage Accounting |
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First Stage Accounting reflects what occurs under a group employee benefits policy in the absence of a pooling network. First Stage Accounting is the calculation of the net cost of insurance to the subsidiary, which is the premium less the local dividend (profit sharing), if applicable. |
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Local Costs |
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| All coverage is provided through local policies issued by Network Partners to participating subsidiaries.
From the employees' point of view, these are standard policies issued by prominent, locally admitted, national insurance companies. Each policy's plan design reflects local market practice.
From local management's point of view, the arrangement is as good as, and often better than, what can be obtained locally, even before considering the additional advantages of pooling. |
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Customer
Center
Self-experienced IGP customers can log on to the
IGP Customer Center, a secure website where they can review the status of their IGP account.
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Contact
Me
Want to learn more about IGP in
general and what we can do for you? Simply fill out the
following form, and we'll contact you at your convenience.
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