Accounting cycle paper Free Essay, Term Paper and Book Report
Accounting Cycle Process of Western Growers Assurance trust
In 1957, Western Growers Assurance Trust (WGAT) was developed to provide Western Growers members with insurance options and prices for healthcare benefits that could not be obtained from commercial insurance providers. Today, WGAT is the largest insurer of benefits for the agricultural industry in California and Arizona. More than 200 WGAT employees provide customer services and claims processing to members.
WGAT is a non-profit organization. While we are regulated under the Department of Labor and subject to the California Department of Insurance Regulations, we are self organized by our members. WGAT is self-governed by its own members which is the major difference from other insurance carriers. WGAT purchases life and vision benefits for covered employees from nonaffiliated providers.
The plans and benefits offered are distributed by contributions by participating
employers. The contribution levels for each plan are determined by the Trustees, based
upon recommendations from the underwriting and manage......
Word Count: 1320
Page Count: 5.2 (250 words a page / double spaced)
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