When selecting a limited-benefit health plan for your client, focus on ease of enrollment and administration, as well as simplicity of the plan itself. To meet your client's needs, look for a plan with easy administration and support from dedicated account managers.
Whether it's eligibility, reporting, ordering of additional collateral, or billing, administrative simplicity is an important part of a limited-benefit offering. An efficient administration process allows a client and broker to focus on important business activities instead of repetitive administrative tasks.
The importance of communication Limited-benefit health plans often serve a population that has never had exposure to health insurance or health care beyond the emergency room. When identifying a quality limited-benefit health plan to add to your product portfolio, it is important to consider the enrollment and educational communication material available.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.