Ryan Insurance Services

After gaining significant experience in the health insurance industry by working at the same brokerage in Los Angeles for 25 years, in 2015 Kyle Ryan formed his own agency called Ryan Insurance Services, LLC (RIS). Ryan Insurance Services is a member of the American Staffing Association and the Los Angeles Association of Health Underwriters. Since its inception, RIS has handled the employee benefit needs of The ActOne Group. It is the largest minority-owned staffing company in the country with $3 Billion in revenues.

Due to the employer mandate requirements of the Affordable Care Act (ACA), RIS’s initial mission was to develop an innovative program allowing ActOne to comply with the law by offering its contingent workforce health insurance plans. Fueled by the successful execution of that program, RIS was recognized in 2019 and 2020 by Inc. magazine as one of the 5000 fastest-growing privately held companies in the US.

During that time RIS rolled out its PEO Escape program, to assist companies in leaving their existing PEO and save significant amounts of money by doing so. To achieve these results, RIS assembled a list of top strategic providers in the areas of payroll, HR technology, employee benefits, workers’ compensation insurance and staffing.

For staffing agencies, RIS gives eligible temporary workers the ability to choose the health insurance coverage that best suits their individual needs. Typically, these types of health insurance plans have not been offered to temporary workers. This access to a wide variety of voluntary plans (including medical, dental, vision, and life).

The hospitality industry faces a unique set of challenges when it comes to providing workers with the insurance they need to stay healthy at a price they can afford. Our economical, payroll-deducted plans do more than comply with the law; they ensure workers can create a plan that works for them.

An Innovative Solution to Rising Health Insurance Costs

It is no secret that the cost of health insurance has skyrocketed. In 1970, health spending* totaled $74.6 billion, but by 2000 it was over $1.4 trillion, a number which doubled by 2016 to reach $3.3 trillion…. with no end in sight.

Reference based pricing (RBP) is a revolutionary, new approach to managing healthcare costs.  By creating a pricing structure that references a third-party (typically Medicare), the plan administrator uses that pricing structure as a reference point for negotiating reasonable reimbursements for healthcare providers for medical or prescription services. This pricing strategy can significantly reduce healthcare costs without compromising coverage.

RIS offers RBP in alliance with 90 Degree Benefits, a leading administration organization that is a wholly-owned subsidiary of BlueCross BlueShield of Alabama.

Address:

3500 W. Olive Avenue, Suite 320
Burbank, CA 91505

Phone:
818.254.0125