March Industry News 2019

FILCO Industry News

Executive Note

FILCO Brokers,
The debate on healthcare is a hot topic nationally and locally. At the Federal level "Medicare for All bill" (H.R. 1384) has been proposed by Rep. Pramila Jayapal. A Single Payer Bill has been proposed in NY the past few years, but has been blocked by a Republican-controlled State Senate. This year the Democrats control NY State Senate. In NJ there is new proposed bill (S3270) which would prohibit stop loss in small groups (1-50) being considered.
We are watching these national and local topics closely and will continue to update our brokers through all of our social media outlets as news breaks. Stay connected.

In The News!

New Jersey bill A3975 (S2528) was signed by Governor Murphy, affecting Temporary Disability (TDB) and Family Leave Insurance (FLI). The portion of the bill that has an immediate impact for our brokers and their client is that employee signature is no longer required to move a TDB program from the state program. The waived employee signature will take effect immediately and will apply to all cases moving from the state effective April 1, 2019.
This is a great opportunity for our Brokers to earn extra revenue!
This is an easy sale! Employers MUST have TDB but they are not required to enroll through the state…we can provide competitive options for your clients with the following carriers through an easy quoting process.
The following carriers are available to our brokers to quote TDB:
Lincoln Financial
Metropolitan Life
Mutual of Omaha
The Standard Life program that was created and currently underwritten by MSM offers the following:
- Guaranteed discounts ranging from 10-40%
- Eliminates the year-end State Fund annual assessment charge
- Provides a larger take-home Benefit to the claimant 
- Underwriting based on the most recent AC174.1
- Improved customer service on all fronts
To help keep our brokers informed
in our office has created a "Cheat Sheet" of the ancillary carriers, commission and requirements available in the marketplace.
Click here
to email Andrew, direct office number 732-704-5073

Carrier Updates

Groups between 51-100 can take advantage of savings on medical premiums when you
add specialty plans,
click here for details.
Oscar continues to expand their network, Oscar has recently added Memorial Sloan Kettering to Circle Plus Network.

Click here
to see the Circle and Circle plus network in New York that Oscar has to offer.
2019 Small Group Underwriting Guidelines, effective July 1, 2019. EmblemHealth will no longer write groups that have only the owner enrolling.
Empire BCBS:
Please note as Empire BCBS transitions to new Pharmacy Benefit Manager, IngenioRX, new Empire ID cards off-cycle will be to mailed to some small group clients.
All your Cigna clients should have received communication
DocuSign this is a verification process for large and small group employers. Make sure your Cigna groups are aware of this communication and are submitted back to Cigna by March14, 2019.
Guardian will be hosting
informative webinar to help the broker stay informed on the employee benefit topics.

Medicare Summit

Trying to piece together Medicare? Join the BenefitMall for an informative Medicare Summit.
Date: Wednesday April 3rd, 2019!
Time: 8:00am-12:00pm
Lunch will be served!
Location: Eisenhower Conference Center
Room G 290
West Mount Pleasant Avenue, Livingston NJ
Contact our Medicare Department to get certified!
Not interested in getting certified? We have a referral program, speak to a member of our Senior Care Team member for more info.

PEO Update

June 1st is fast approaching and that is when ADPTS is renewing their entire block of business. This is one of the only times clients can terminate without penalty! Most renewal packages have been released to their clients so now is a GREAT time to see if any one of our PEO partners can offer your client (or prospective client) an incentive to move! It is super easy to get a quote…we just need their current census, current invoice, renewal information and WC policy info (if enrolled under the PEO). Please reach out to Colleen Visconti at for more information.
CE Course: 2 NJ Credits
Topic:The Employer Exclusion's Effect on Employer Based Insurance
Date: Thursday, March 14, 2019
Time: 10:00 a.m. to 12:00 p.m.
Location: The Berkeley Ocean Front Hotel
1401 Ocean Ave
Asbury Park, NJ 07712
PEO Sales Manager
Colleen Visconti is always available at 
732-704-5079 or
via email to answer any questions and/or opportunities.

BenefitMall Commissions Follow the steps below

Click on the
link to our announcement to take the important steps so that there is no disruption in your commissions. FILCO is in the process of migrating our commission information over to BenefitMall's system and it is very important that you take the few steps to become fully migrated so that there is no delays or issues with commissions.
Agent/Agency Data Form – template form is attached, it is 
PDF fillable
Direct Deposit (this is 
mandatory for any compensation paid through BenefitMall) – template form is attached, it is 
PDF fillable
Completed W9 – template form is attached, it is 
PDF fillable
4. Copy of Active State Health & Life licenses for the states which you will be soliciting business in
5. Copy of E&O Insurance Certificate 1 million dollar minimum is required
Once everything is fully completed please send securely to Robyn Keefe at

Finding Balance

Dental benefits that are both affordable and robust, are often what clients are looking for. A DHMO option maximizes discounts and allows unlimited maximums at an affordable cost. Coupled with a PPO, encompassing traditional benefits, creates the perfect balance.
A perfect solution to affordable, more comprehensive dental benefits!

Compliance Resources


Click on the links for
compliance resources, including a always needed check list.

"If your actions inspire others to dream more, learn more, do more and become more, you are a leader." -John Quincy Adams

Thank you for your support!

New York
370 Lexington Ave, Suite 703
New York, NY 10017
Phone: 212-972-1970

New Jersey
65 Mechanic Street, Suite 106
Red Bank, NJ 07701
Phone: 732-219-6545