BCBSIL Small Group Renewal Distribution Update:
The NEW Distribution Process starts with February 2022 small group renewals! BCBSIL will no longer be sending group renewals to brokers. The renewals will now only be available for retrieval from the broker’s Blue Access for Producers Portal. Please use the link for any FAQs regarding the New distribution process.
The Zero Participation/Zero Contribution enrollment period has closed!
However, One-Life Groups – Can be written year-round!
Any group that meets the definition of a valid group, can be issued as a one-life group year-round:
If you have questions regarding your group’s validity, 📞 please call us!
Please make sure you have completed your 2022 Special Enrollment Period (SEP) training with BCBSIL. You will need to review the 2022 Plan Year SEP training deck.
Follow the affirmation instructions on page 51 using your individual producer login, NOT your agency login. Once you complete the process, please send a copy of the "Success Screen," including your name and producer number (upper left corner on the page) along with the confirmation number beginning with "SR-Compliance-" to MWis@resourcebrokerage.com to update our records.
Policies that term due to delinquency will not be a door-opener to a Special Enrollment! Your client has many ways to pay their BCBSIL premium on the BCBSIL Pay-My-Bill webpage.
NEW View the Mutual of Omaha LTC Cost of Care Study for great sales ideas!
ARTICLE - Not having long-term care insurance can be ‘the single biggest devastator’ of your financial plan
ARTICLE - The True Value of a Long Term Care Insurance plan. By: Ron Cohen
LTCi Personal Training
Ron Cohen, LTCP, Resource Brokerage’s specialist in Long Term Care insurance, is now offering a free sales training program that will train you on how to become a successful LTCi specialist. Very limited class sizes- I'm ready to know more.
Exciting News for all LTC certified brokers in IL!
The Illinois Partnership for Long Term Care Insurance is now live in IL
Currently, most carriers still have some temporary restrictions in place. However, we are starting to notice these restrictions loosen; and carriers are offering coverage to more individuals than earlier this year. Guidelines are still subject to change but if you have someone who has been declined or postponed, now may be an excellent time to revisit these cases (i.e. clients who would be higher rated or older individuals who tend to have more minor concerns).
Secondly, carriers have expanded their capabilities to underwrite cases without traditional exams typically using electronic applications. As a broker of Resource Brokerage, you are able to access a tool called “iGO” which integrates with most of our Life carriers and products. This tool is the fastest way to get an application in front of an underwriter. In addition, it not only allows you to take applications remotely using "DocuSign"-like functionality, but it GREATLY reduces the time spent taking applications by reducing data entry to one time per client.
Resource Brokerage (RB) has been voted one of Illinois' Best Places to Work for over ten years. The RB team provides premier marketing, administrative and customer service support on behalf of numerous insurance companies to hundreds of licensed independent insurance agents throughout the nation. We have a small team, so everyone matters.
The Quoting Specialist is a support and marketing position for life, annuity, disability and long term care insurance. Some job duties include:
Phone: (847) 592-0941
Fax: (847) 605-1494
Phone: (847) 598-6006
Fax: (847) 605-1331
Phone: (847) 598-6005
Fax: (847) 619-9592
"I've been on both sides of the aisle - as a client and as a vendor. From my experiences I feel qualified to state that your product knowledge, training and sales expertise, and understanding of the client's needs were exceptional and invaluable to my selling success. Whenever I had questions (and there were many!) you responded very quickly and in many instances, gave me additional ideas that helped with the sale."
"I am looking forward to many, many additional sales with your help!"
"Great job prepping this case for us. I completed initial review on Thursday and have been able to approve this morning (4 business days) !"
Resource Brokerage is one of the Midwest’s leading brokerage general agencies providing brokers a choice of Group Benefits, Major Medical, Life, Annuities, DI, LTC and Linked Benefits all in one place. Brokers work with a team of dedicated professionals who specialize in the lines of business they support. These teams also constantly undergo training and education with a focus on credentials that mean the most to our industry. Our management team is led by seasoned industry professionals with true brokerage experience and the know-how to help get things done for our brokers.
