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 [...]
