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May Insurance Services

Reference-based Pricing is Gaining Momentum - Here's Why

Healthcare and pharmacy costs continue to rise. We have focused on the wrong issue. We don't have a healthcare issue; we have a billing issue. Reference-based pricing attacks the problem - targeting billing. Here's how it works - typically, a preferred provider organization network achieves a 50-60% discount on billable charges. However, after this...
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May Insurance Services

Beazley MEC May Be the Solution

Beazley provides solutions for groups that typically cannotafford major medical coverage, such as those with part-time, seasonal and 1099 employees. One such solution for your clients' $8-$20 per hour employees could be APEX MEC. APEX MEC* is a comprehensive MEC plan that saves money while providing attractive benefits , including: Preventive benef...
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May Insurance Services

Anthem Offers 3 Ways to Save Money on Healthcare Costs

Anthem offers several programs that could save members money on their healthcare costs. There are three ways Anthem helps members save money as they search for high-quality healthcare at the most reasonable cost . SmartShopper - Anthem is partnering with VitalsSmartShopper to provide theseadditional benefits to its group employees. Members can eith...
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May Insurance Services

Allied's Cost Saver: The Answer to Affordable Health Care Coverage

Do you have groups that want a traditional major medical plan but can't afford the high cost? Cost Saver is your answer!   Cost Saver is part of Allied National's Funding Advantage family of level-funded plans. It's a limited benefit plan option that provides rich outpatient benefits as well as fixed indemnity payments for surgery and hospital...
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May Insurance Services

EA$Y Money with Premium Saver

Every time you sell a Premium Saver plan, you will receive a $100 VISA gift card ! And in addition to the $100 VISA with each new group there are other bonuses: $500 bonus* with 50 lives $2,500 bonus* with $150,000 production *Applies to 5/1, 6/1 and 7/1 effective dates; only one bonus in this time frame. Contact Scott Lewis , ext 208, or Jackie Tu...
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May Insurance Services

IMPORTANT - Protect Your Group Clients with Wrap/SPD Documents

Access to affordable Wrap/SPDs is just one of the many benefits you receive when you partner with May Insurance Services, Inc. With the introduction of the Affordable Care Act, "Erisa" SPD requirements are receiving new attention. Employers who offer benefits* are required to provide a Wrap/SPD to all eligible employees and maintain a Wrap Plan Doc...
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May Insurance Services

Drive for Show, Sell for Dough

Brokers can earn easy money with the Southern Ohio Chamber Alliance (SOCA). Every new SOCA MEWA group sold with 6/1/1/19 to 12/31/19 effective dates is eligible. Existing Anthem groups and AORs that transfer to MEWA are not eligible. The bonus is on a "per contract" (per individual) basis.  Here's how the bonus works: Click here for the bonus ...
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May Insurance Services

Premium Saver Can Reduce Healthcare Costs

Premium Saver can be an effective way to reduce healthcare cost. What is Premium Saver?  Premium Saver is an employer-sponsored supplemental insurance plan that is designed to help reduce the cost of group medical coverage while maintaining or increasing employee benefits. And adding Premium Saver to your employer's coverage means additional c...
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May Insurance Services

What You Should Know About Referenced-Based Pricing

Employee Benefits Adviser, 7/18/18 In my 25 years in the insurance business I've seen many changes. But there's always been one constant: Healthcare and pharmacy costs continue to accelerate and no regulatory action had been able to slow this runaway train. The problem is that we have focused on the wrong end of the spectrum. We don't have a health...
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