Have You Registered For Cornerstone’s 2019 Webinars?

Your favorite Cornerstone webinars are back in 2019, with the addition of the brand-new Group Corner.

But that’s not all that’s new this year…

We are also filling our webinar schedule with special guest presentations from Dennis Heywood, Hal Becker, and other industry experts!

Find the full schedule of 2019 webinars on the event calendar on the Cornerstone website.

Click here to find out more about the 2019 webinars.

Click here to view the full calendar.

Earn A Bonus When You Sell Vision With The Dental Care Plus Group

The Dental Care Plus Group’s new bonus program rewards you for your vision sales. Sell a fully insured vision plan to your clients with 25 or more members and receive a gift card based on the size of the new group sold (from $25 to $500).

Group Size (members)

Incentive

25–49

$25 Gift Card

50–99

$50 Gift Card

100–249

$100 Gift Card

250–499

$200 Gift Card

500–749

$300 Gift Card

750+

$500 Gift Card

Click here to learn more.

Contact your Cornerstone representative with any questions.

CE AVAILABLE: GCAHU Stop Loss Continuing Education Class

Join The Greater Cincinnati Health Underwriters Chapter for their next continuing education class…

“Stop Loss” (CE #57683)

Speaker: Lindsay Talkington-Fuller, MBA, Stop Loss Sales Representative

DATE: Wednesday, February 13

TIME: 8:30 am Registration CE Starts at 9:00 am

LOCATION: Kenwood Country Club

6501 Kenwood Road | Cincinnati, Ohio 45243

Participation open to GCAHU members and non-members.

Meeting Charge

GCAHU Member: $25

Non-Members: $45

Click here to register

Take Advantage of IHC’s Broker Bonus Program!

Bonus will pay out $25 per Interim Coverage (STM) plan sold.

Note: The bonus does not kick in until you sell your fifth policy

Example:

  • 4 policies sold = no bonus
  • 5 policies sold = $125 bonus
  • 10 policies sold = $250 bonus

Additionally, once you have reached the 5 policy threshold, IHC will pay an extra $10 for each Telemedicine, Balance, or Rx Discount plan you sell.

Bonus Period

Starting with 03/01/2019 submission dates after 12:00 AM CST and goes through 3/31/2019 at 11:59 PM CST.

Eligible Products

  • Short-Term Medical (STM)
  • Interim Coverage underwritten by Independence American Insurance Company (IAIC)¹ – standard STM
  • Interim Coverage Plus underwritten by IAIC – STM with limited benefits for expenses related to pre-existing conditions
  • Interim Coverage Value underwritten by IAIC – STM coverage with lower premiums, achieved through carefully selected benefit limitations
  • Balance underwritten by Madison National Life Insurance Company– critical illness, accident medical expense, and accident disability income insurance bundled into one

    Telemedicine – telehealth benefits as well as patient advocacy, free hearing consultations and hearing aid discounts. Telemedicine is not an insurance plan

  • Rx Pay Card – prescription drug discount program that can be used at over 48,000 pharmacies

Eligible States

CO, GA, IN, KY, ME (Balance unavailable), MO, OH, VA, WI

Bonus Details

To receive the bonus, the broker must issue a minimum of five qualifying cases of STM in eligible states during bonus period. Once five qualifying STM cases are submitted, the broker will be eligible to earn $10 for every Balance, Telemedicine and Rx Pay Card case that is issued with a qualifying STM plan. Coverage must be inforce at least 90 days to be eligible for this promotion.

The policy can issue after 3/31/2019, as long as it was submitted by 3/31/2019 at 11:59 PM CST and still be eligible. The broker may sell all products in the same shopping cart.

Bonus Amount

$25 per issued STM case, once five are submitted. $10 per Balance, Telemedicine and Rx Pay Card case when issued with a qualifying STM plan.

Payout Timing

Eligible brokers will be paid a one-time bonus payment as soon as administratively possible following the end of bonus period.

Bonus Rules

  1. Monies earned (if any) through this promotion, will be treated as taxable income and will be reported as such to the Internal Revenue Service. All taxes are the sole responsibility of the payee.
  2. IHC Specialty Benefits, Inc. (IHC SB) reserves the right to change the terms of this promotion or terminate this promotion at any time and has sole discretion on promotion winner(s).
  3. Promotion begins at March 1 2019 and ends at 11:59 PM CST on March 31, 2019.
  4. Only eligible Short-Term Medical plans underwritten by Independence American Insurance Company (IAIC), or Standard Security Life Insurance Company of New York (SSL), Balance plans underwritten by Madison National Life Insurance Company, Inc (MN), Telemedicine plans and Rx Pay Card plans marketed by Designated Agent Company and administered by The Loomis Company (Loomis) are eligible for this promotion.
  5. Brokers must be contracted and in good standing with IHC Carrier Solutions Inc., and properly appointed and licensed with IAIC, SSL, and/or MNL (depending on state) in order to be eligible for this promotion.
  6. Brokers who have assigned commissions to their up line are not eligible for this promotion.

For Broker/Producer use only. Not for public solicitation or distribution.

¹ Short term medical plans in Virginia are underwritten by Standard Security Life Insurance Company of New York, a member of The IHC Group

Important Information about Anthem 1095-B Tax Forms

Each year, Anthem sends members of fully insured groups tax form 1095-B, which confirms minimum qualifying health care coverage for IRS purposes. For groups that moved to their new operating system, called WGS, during 2018, members will get two 1095-B tax forms:

  1. One for the period of time the group’s membership was on the past operating system, Facets, and
  2. One for the period of time the group’s membership is on the current operating system, WGS.

Contact your Cornerstone representative for more information.

Anthem’s 2019 Specialty Broker Bonus Program

Take advantage of Anthem’s 2019 Specialty Broker Bonus Program, which runs from February 1, 2019 through January 31, 2020.

This year’s program has been simplified so all fully insured programs are premium-based and premiums are aggregated vs. separate calculations by different products.

Click here to learn more or contact your Cornerstone representative.

Anthem Cost Share Changes for Large Group Copay Plans

Anthem recently made changes to cost shares for copay plans only. These changes are effective upon renewal for Large Groups as they move to their new benefits administration system. These changes do not impact groups who have not yet moved to the new system, and they do not impact consumer-driven health (CDH) plans.

Click here for more information.

Important Notice Regarding Humana Billing Invoices

Humana recently released a free and secure electronic billing invoice that enables clients to pay their invoice quickly and safely without the use of paper.

A few benefits of the new system:

  • A reduction of paper and waste
  • Invoice is available immediately after the billing cycle closes
  • Can elect to receive notifications that the invoice is available along with various payment reminders and notifications
  • Can set up automatic recurring payments for a hassle free payment experience
  • Access to full details of invoice via PDF and Excel options

Beginning with the April invoice, paper invoices will no longer be mailed.

Contact your Cornerstone representative for more information.

Tips for Ongoing Administration for Your SOCA BP Groups!

Outside of the open enrollment period, FormFire can help HR teams manage forms, qualifying life events and other documents.

  • FormFire’s Document Center is a great place for Employers to store and share documents like handbooks, dress codes, onboarding paperwork and more.
  • Turn on notifications to help keep track of employees in their group when they change coverage or have a qualifying life event. You can also view a Notification Summary of all Employee changes and updates.
  • Brokers can have selected forms automatically emailed to an HR Manager once an employee completes his or her application outside of an enrollment period. This is especially useful for Qualifying Life Events.

Contact your Cornerstone representative for additional information about how FormFire can be useful to employers outside open enrollment.

Anthem Announces Early Launch of IngenioRx

Anthem recently announced the early release of its new IngenioRx pharmacy benefit manager (PBM). This system was created to restore trust and confidence in pharmacy care by focusing on total health, demystifying the way pharmacy works, and delivering a seamless experience across the continuum of care.

For more information about this new system, contact your Cornerstone representative.