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.
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:
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 Andrew 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
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.
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.
Not interested in getting certified? We have a referral program, speak to a member of our Senior Care Team member for more info.
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 firstname.lastname@example.org for more information.
CE Course: 2 NJ Credits
Topic:The Employer Exclusion's Effect on Employer Based Insurance
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.
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!