Remove Broker Remove Insurance Broker Remove Out-Of-Pocket
article thumbnail

Helping Clients Navigate Marketplace Open Enrollment | Solstiuce

Solstice Insurance Broker

As an insurance broker, you can be the compass your clients need. Key Takeaways : Brokers should stay informed to empower their clients. Key Takeaways : Brokers should stay informed to empower their clients. Brokers should advocate for clients year-round, assisting with claims and policy updates.

article thumbnail

Why Reporting Small Claims Pays Off in ERA States

AMAXX

ERA rules apply in about 35 states and were designed to encourage employers to report medical-only claims rather than quietly paying them out-of-pocket. In Scenario 2, you save your mod, but you pay the entire cost yourself—and you lose out on the potential to let your insurance policy work as intended.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top Skills to Look for When Hiring Insurance Support Staff

Word & Brown

When it comes to the recruitment of insurance support staff, including sales and marketing assistants as well as customer-focused roles, it’s important that you evaluate your candidates’ soft and technical skills. Adaptability: The insurance industry is constantly evolving – and staying up to date is critical to your agency’s success.

article thumbnail

4 Proven Ways to Educate Clients and Build Customer Loyalty

Word & Brown

We know health care and health insurance are jargon-packed industries. How Insurance Education Builds Client Loyalty That Lasts 1: Use plain language. If the deductible has not yet been met, the insured pays the full $100 office visit charge. Explanation of Benefits (EOB): An EOB is a summary provided by the insurance company.

article thumbnail

9 mental health insurance questions consumers should ask

Healthinsurance.org

In this article How is mental health treatment covered by health insurance? Do ACA mental health coverage requirements apply to all health insurance? Does most health insurance cover therapy and medication? Is marriage counseling typically covered by health insurance? These requirements vary from one state to another.

article thumbnail

Understanding Retail Shop & Salon Insurance: A Comprehensive Guide for UK Business Owners

Protect Commercial Insurance

That’s where retail shop and salon insurance come into play. This guide will walk you through the essentials, helping you understand how the right commercial insurance can be your business’s best ally. Without the right insurance, the costs associated with incidents like these can quickly escalate.

article thumbnail

The Hidden Cost of Letting Injured Employees Stay Home

AMAXX

Imagine this: One injured employee stays out of work for 35 extra days. At an average indemnity cost of $250/day, plus $3,000 for replacement labor, the total out-of-pocket cost is $11,750. Multiply that by several injuries—and you’ll see how quickly those numbers can spiral out of control. Seems manageable, right?