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Divisonal News & Links


Group Division

UPDATES:

2021 BCBSIL Sm Group (1-50 Medical lives) rates are available. Please review the eligibility guide for qualifying small groups.

Key Dates to Remember:

  • November 1st - Last day for December 1st plan changes & anniversary date changes
  • November 15th - Last day for December 15th plan changes & anniversary date changes

Individual Division  

BCBSIL - COVID Special Enrollment Period (SEP) ended August 15th, 2021!

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.


MedSup Division

AHIP's 2022 MAPD/PDP Training Is Now Available

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.

The Medicare Supplement Bonus Program Returns for 2021

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.

BCBSIL Medicare Supplement Plan G Plus Offers: Dental, Hearing and Vision Benefits.

See the member Welcome Guide for more detailed information on the new Plan G plus.

LTC Division

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


Life Division

Life Insurance Underwriting Update:

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.

Health Insurance Account Representative

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!

I'd Like to know More


DI Division

Sales ideas to help you start the conversation with your clients:


Contact Us

Resource Brokerage LLC
1501 East Woodfield Road, Ste 110e
Schaumburg, IL 60173
Toll Free: 1-800-605-7566
General Phone: (847) 605-1200

Group

Phone: (847) 592-0941
Fax: (847) 605-1494

Individual

Phone: (847) 598-6006
Fax: (847) 605-1331

Life, Annuity, LTC, DI & CI

Phone: (847) 598-6005
Fax: (847) 619-9592

Testimonials

"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) !"

About Us - Who We Are

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.