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Why Reporting Small Claims Pays Off in ERA States

AMAXX

Many employers wonder: “Why report a $1,000 medical bill to the insurance carrier if we can just pay it ourselves and keep our experience mod low?” After all, fewer claims mean fewer red flags on your insurance history—right? In Scenario 1, your carrier pays the bill, and your mod only reflects a fraction of the cost.

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Financial Planning ABCs and Adopting Sound Business Practices to Succeed as a New Insurance Agent

Word & Brown

When youre just starting out as an insurance agent, its not always obvious what your priorities should be. Your current and projected cash flow [this includes your rent/mortgage, utilities, vehicle payment or lease, insurance (auto, home, medical, disability, other), cell phone, cable TV/streaming/internet.

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Medical Health Insurance Broker Can Simplify Your Choices

Smart Insurance Agents

A medical health insurance broker helps you choose the best health insurance plan tailored to your needs. Unlike agents tied to one insurer, brokers work with multiple companies to give you unbiased options. What is a medical health insurance broker?

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Ease Report Reveals Even Small Shifts in Benefits Costs Can Impact SMBs

Ease

21, 2023 – Ease®, a leading HR and benefits software solution for small- and medium-sized businesses (SMBs), insurance brokers, and insurance carriers, today released the 2023 SMB Benefits and Employee Insights Report. Panning out, HDHPs typically combine with a health savings account (HSA).

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Top Tips for Choosing the Best Broker for Medical Insurance

Smart Insurance Agents

A broker for medical insurance can simplify the process. In this article, we’ll explain the benefits of using a broker, how to find a reliable one, and key questions you should ask. One of the key responsibilities of a health insurance broker is to help clients understand their unique health insurance needs.

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Insurance Claims-Handling Best Practices: Ensuring Smooth Claims Processing for Your Clients

Word & Brown

According to reporting last year by KFF (the independent source for health policy research, polling, and journalism formerly known as the Kaiser Family Foundation) data from insurers for Affordable Care Act Marketplace plans show nearly 17% of in-network claims were denied in 2021. trillion was spent on health care for calendar year 2022.

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7 Proven Techniques for Closing Insurance Sales Successfully

Word & Brown

Tell them how you have helped others save on their employee benefits or reduce workers’ out-of-pocket costs. Ask questions, so you can find out what’s most important to the employer or benefits manager. Carrier requirements vary, and some may be more negotiable than others.