UPDATES:
2021 BCBSIL Sm Group (1-50 Medical lives) rates are available. Please review the eligibility guide for qualifying small groups.
Individuals NOW need a valid qualifying life event (QLE) to apply for 2021 coverage.
Individuals without a QLE will need to wait until the Annual Enrollment Period (AEP). The AEP begins on November 1st, 2021, for a January 1st, 2022 effective date. Note: The AEP typically ends December 15th, 2021. The Biden administration has proposed an extension to January 15th, 2022. We will continue to monitor the situation and advise you if this comes to fruition.
Blue Cross and Blue Shield of Illinois (BCBSIL) announced in July the Retail (Under 65 Individual) market only would be receiving Medical Loss Ratio (MLR) rebates in 2021 for the 2020 reporting year.
Rebates will not be necessary for Small and Large Groups as of this writing. The individual rebates will be released via premium credit or check to impacted individuals by September 30, 2021.
The MLR was established by the Affordable Care Act of 2010. Click here for complete details.
Producers can now access America’s Health Insurance Plans’ (AHIP) new interactive platform that is required to sell BCBSIL’s Medicare Advantage Prescription Drug (MAPD) and stand-alone Prescription Drug Plans (PDPs).
Blue Cross and Blue Shield of Illinois (BCBSIL) has negotiated a $125 fee with AHIP for its certification training. That’s a savings of $50 off AHIP’s standard fee of $175. To take advantage of this savings, click on this link, BCBSIL (HCSC) discounted AHIP Certification.
Take advantage of the opportunity to help the growing population of adults who need Medicare coverage and earn a bonus for your efforts! You could make up to $85 per new policy sold through our Medicare Supplement Insurance Plan 2021 Bonus Program.
The bonus program began April 15 and runs until Oct. 1, 2021. These must be new policies. Rewrites will not be counted. Please review the flier for more information.
See the member Welcome Guide for more detailed information on the new Plan G plus.
NEW ARTICLE - 15 Cheapest States for Long-Term Care: 2020
ARTICLE - The True Value of a Long Term Care Insurance plan. By: Ron Cohen
LTCi Personal Training - 3 GEN CE approved!
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, LLC of Schaumburg, IL is looking to hire a full-time Health Insurance Account Representative. Do you want to be a part of a busy, yet fun, service-orientated team of professionals? Are you passionate about customer service and skilled at relationship-building? Would you like to work for an established but small team where everyone matters?
This Health Insurance Account Representative position earns competitive pay, depending on experience. We also offer rich benefits including a medical plan through BCBSIL (6 plans to choose from) with low employee contributions required, Dental insurance ($5.50/month), Vision insurance ($8.00/month), a 401(k) plan with matching contributions, 3 weeks of paid time off (PTO included), company-paid Disability and Life insurance and reimbursement for health club membership, in a class A office complex offering a fitness center, deli, and dry cleaning. If this sounds like the right opportunity to use your customer service and relationship-building skills to take your career to the next level, apply today!
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.
