Open Enrollment: Tips for Communicating with Your Health Broker Service Specialist

During open enrollment, we are all working through a busy time. Here are some tips and ideas for getting the help that you need from your MIBS Specialist. During this very busy time, please be aware that your MIBS Broker Service Specialist each work with hundreds of agents and can receive many requests per day via email, voicemail, faxes and mail. With each communication, the Specialist has to listen, read, identify, research and analyze data to respond to you with accurate and complete information. Being able to clearly communicate can make a huge difference. When you ask a question and provide all information in the first request to your Specialist, it will help them get back to you with an answer quickly. In order to get an accurate and timely response from your Specialist, follow these suggestions: Email Subject line If the email is a follow up from a prior email, reply to the original email so it is all in the same place Includes name of insured/member (if employee, group name) and account number Information in subject line should be directly related to the content of the email [...]

2023-08-01T16:36:21-05:00MIBS Updates|

Tips for Communicating with Your Representative

During open enrollment, we are all working through a busy time. Here are some best practices for getting the help that you need from your MIBS representative. During this very busy time, please be aware that your MIBS Customer Service Representatives (CSRs) each work with hundreds of agents and can receive many requests per day, via emails, voice messages, faxes and mail.  With each communication, the CSR has to listen, read, identify, research and analyze data to respond to you with accurate and complete information. This is when being clear communicators can make a huge difference. When you ask a question and provide all information in the first message to a CSR, they can come back to you with an answer quickly. In order to get an accurate and timely response from your CSR, follow these suggestions:  Email Subject line Includes name of insured/member (if employer, provide group name) and account number Make sure that the group name is correct (not an abbreviation or shorthand) Information in subject line should be directly related to the content of the email Example: If the email is a follow up from a [...]

2021-09-14T15:26:04-05:00MIBS Updates|

2020 Certification Reminder!

Don't lose your commissions! Complete your 2020 certifications. It’s that time of year again when you need to complete your annual certifications. There are two certifications for Health agents: 2020 FFM (Federally Facilitated Marketplace) registration and/or certification must be done by: Independent agent If commissions are paid to an agency, writing sub-agents and principal of agency 2020 Medicare PDP/Medicare Advantage certification must be done by: Independent agent If commissions are paid to an agency, writing sub-agents and principal of agency In order to place new business effective 1/1/2020 and/or receive renewal commissions in 2020, agents must complete the appropriate certification before the end of the year. *Additional Reminder* 2020 BCBS Special Enrollment Period Training must be done by: Writing agent This training will be available early 2019 and is done annually 2020 FFM (Federally Facilitated Marketplace) Certification Before starting any certification curriculum, check to make sure your computer is compatible with the MLMS website.   I advise using the MLMS Check Your System configuration link which quickly shows if you need to do anything.  Log into the CMS portal, enter the MLMS Training website and click on MLMS Check your System link at the [...]

2019-10-08T17:56:22-05:00MIBS Updates|

BCBS IL Medicare Supplement Changes Effective 5/1/2019

Effective 5/1/2019, BCBS IL made some changes regarding their Medicare Supplement Products. The plans are staying the same and are guaranteed to issue, but there are some changes in: New rate determiners (gender and tobacco use) New rates New paper application The BCBS IL Plan Change Form will not be accepted Changes in the online submission process via Retail Shopping Cart Household Discounts (3% off premium) Billing changes New membership system Producer access to member communications Missing Information Process Some applicant information will not be available in the Retail Producer Portal Commission clarification with changes New contact information for support of the new plans New Rate Determiners Gender and tobacco use now affect rates. It appears that women’s rates are lower while men’s rates are higher and tobacco use for either gender will increase rates as well. The new rate charts will look like this: 2019 Medicare Rate Guide Plans sold with an effective date prior to 5.1.19 will continue and these plans are called legacy plans. When selling plans with an effective date of 5.1.19 and after, be sure to use the correct application. New [...]

Help MIBS Help You During this Busy Season

It is almost open enrollment and we are all preparing for this busy season. During this very busy time, please be aware that your MIBS Customer Service Representatives (CSRs) each work with hundreds of agents and can receive many requests per day, via emails, voice messages, faxes and mail.  With each communication, the CSR has to listen, read, identify, research and analyze data to respond to you with accurate and complete information. This is when being clear communicators can make a huge difference. When you ask a question and provide all information in the first message to a CSR, they can come back to you with an answer quickly. In order to get an accurate and timely response from your CSR, follow these suggestions:  Email Subject line includes name of insured/member (if employee, group name) and account number Information in subject line should be directly related to the content of the email Example: If the email is a follow up from a prior email, reply to the original email so it is all in the same place Information in Email The email itself should include details of request including [...]

2018-10-18T19:48:26-05:00MIBS Updates|

Group Special Enrollment For 1/1/2019 Effective Date

Group Special Enrollment This is the period when groups who do not meet employer contribution or employee participation requirements can enroll in a group plan. Group submission paperwork can be submitted to MIBS starting Thursday November 1, 2018. The last date for submission to MIBS is 12p.m. on Friday December, 14, 2018. Note- Later submissions (those closer to December 14) need to be complete without any missing information or they will not make the deadline. Group must still be a business eligible for group coverage Only available for the small group market (1-50) Employer does not need to pay any portion of the employee premium Employee participation requirement is waived Perfect for that group that is still on Individual policies Group premiums are usually lower and offer richer benefits than comparable individual plans Businesses on individual policies can have access to a large PPO network with a group plan All carriers must participate with the group SEP Sales Ideas Collect all the names of groups that you have quoted but who did not purchase a group plan Contact them again in October to see if they would be [...]

Don’t Lose Your Commissions! 2019 Certification Reminder

2019 Certification Reminder Don't Lose Your Commissions! It’s that time of year again when you need to complete your annual certifications. There are two certifications for Health agents: 2019 FFM (Federally Facilitated Marketplace) registration and/or certification must be done by: Independent agent If commissions are paid to an agency, writing sub-agents and principal of agency 2019 Medicare PDP/Medicare Advantage certification must be done by: Independent agent If commissions are paid to an agency, writing sub-agents and principal of agency In order to place new business effective 1/1/2019 and/or receive renewal commissions in 2019, agents must complete the appropriate certification before the end of the year. *Additional Reminder* 2019 BCBS Special Enrollment Period Training must be done by: Writing agent This training will be available early 2019 and is done annually 2019 FFM (Federally Facilitated Marketplace) Certification Before starting any certification curriculum, check to make sure your computer is compatible with the MLMS website.   I advise using the MLMS Check Your System configuration link which quickly shows if you need to do anything.  Log into the CMS portal, enter the MLMS Training website and click on MLMS Check your System link at [...]

2018-10-18T19:45:39-05:00MIBS Updates|

National General Insurance Update June 2018

Recently, National General Insurance representatives visited MIBS and offered some interesting ideas to consider for your potential groups.  In case you are not aware, National General Insurance offers Level Funded health plans for group benefits.  These plans are made up of three components which are seen in the quote: Administrative fees Claim Fund Account (estimated total of annual claims divided by twelve and included in monthly premium) Stop Loss plan (In the event total claims go over the stop loss amount, this plan starts paying the medical claims) These plans are medically underwritten and not guaranteed to issue so only eligible groups should be considered for these plans.   But for those groups who are eligible for level funded plans, they could benefit from low premiums and the potential to receive premium back if there is a balance in their claim fund account at the end of the plan year.   Once the plan is in place, the employer will only be required to pay their set monthly premium regardless of claims.   They will never owe more than that monthly premium.   In the worse case scenario where the group experiences high [...]

Exacta, Trifecta, What the Heck?

Questions on Gambling?   Contact your MIBS customer service representative.   Recently, the owners of MIBS hosted a summer outing for all of the staff of MIBS at Arlington Race Track.  Perry Camodeca Sr. showed the staff how to place bets and even provided his personal selections for all of the races that day.  We are all now experts on gambling (not really). Prior to race time, we were all fortunate to visit the stables and feed the horses.  In the sun, you could get pretty warm so when we stepped into the stable, I was really amazed at how cool it was. Perry Camodeca Sr. explained the difference between hay and straw; horses ate hay but straw was used for the floor of the stables.  Outside of each stable was a fragrant dumpster that held the used straw mixed with manure.  These dumpsters were picked up by a vendor who sold this straw/manure mixture to mushroom farms.  From the number of dumpsters on site, Arlington Race Track provides a whole lot of mushroom growing medium. [...]