To our valued agents, please be aware of the procedures regarding submitting applications during the holiday weekend:
Applications written on Thursday and Friday need to be submitted directly to the carriers. Please see below for carrier specific fax numbers and fax cover pages. You MUST submit a fax cover page with each application.
If an application is written on Saturday or Sunday, you can send those to us for submittal.
Please do not hesitate to call us with any questions you may have before our office closes for Thanksgiving. We will be open normal business hours, 8AM-4:30PM Monday-Wednesday, and closed for the holiday Thursday and Friday.
United Health Care/AARP MAPD, PDP, SNP
United Health Care SNP
The above fax cover is for the following products: MAPD, PDP, Dual SNP (our fax number for the SNP shows it is for AZ). None of the other numbers apply. You can use either the above or below fax cover for SNP applications.
AARP Med Sup
Phoenix Health Plans
Aetna Med Sup
Omaha Insurance Company
Give us a call or email to get a term life quote for SBLI's market leading rates!
Employees’ Health Insurance Costs Continue To Soar, Report Finds
USA Today (11/12, O'Donnell) reports that US companies’ healthcare costs “in 2015 rose at the lowest rate in at least 20 years, a report out Thursday shows, but workers’ share of costs continue to skyrocket.” Health costs for mid-sized and large companies rose 3.2 percent on average this year, the lowest since consulting firm Aon started tracking the measure in 1996. However, the average amount workers had to contribute toward their healthcare “is up more than 134% over the past decade.” Employees on average “contributed $2,490 toward premiums and another $2,208 in out-of-pocket costs, such as copayments, coinsurance and deductibles in 2015, the report shows.” Rex's thoughts: Even more telling is the fact that clients cannot afford to stay with their doctors as networks continue to shrink. If the 2016 individual plans are any indication of what’s coming, did you notice that the carriers are all getting rid of PPO and off network plans?
Many Eligible People not claiming ACA subsidies, Study Finds
Fox News (11/12) reports that most people eligible for health insurance subsidies under the ACA “are failing to claim them, according to a new study ” from the Robert Wood Johnson Foundation and the Urban Institute. Researchers “estimated that more than 24 million people were eligible for” ACA “tax credits last year.” By March, only 41 percent of them had selected an exchange plan, and by June just 35 percent of them had actually enrolled. Researchers said surveys indicate that many of those eligible were unaware of the subsidies. Rex's thoughts: The interesting question here is who are these people? Are they illegal aliens? Please finish the research Fox News!
California Firms With “Grandmothered” Plans Face Premium Hikes
The San Diego Union-Tribune (11/12) reports that the ACA allowed companies with 50 or fewer workers to extend their old, non-compliant “health plans into 2014 by conducting early renewals in late 2013.” A year later, California Gov. Jerry Brown (D) signed legislation allowing these plans to continue in 2015. Now, companies with these “grandmothered” plans “must shift to policies that meet the act’s coverage standards.” For some companies this can mean steep rate increases, and firms in San Diego County “appear to be moving toward health maintenance organizations and away from preferred provider organizations, often called PPOs, as a way of coping with premium increases.” Rex's thoughts: This is just one more example of the fact, “you really can’t keep the plan and doctors you have always had!"
What do you think? Give me a call or email to discuss!