There are two important updates coming to our New York producers at the end of March/beginning of April: a transition to a new online Health Risk Assessment, and a change to New York's Broker of Record process. Read below for details on both!
As of March 31, 2023, the Broker of Record (BoR) update process currently in place in our New York regions will be discontinued. This upcoming change was announced via emails sent in October of last year, and early January 2023. The good news is, with the full migration to Highmark's portal and enrollment system, you will be protected should your members make any plan changes via one of the internal sales channels. With this change, you will remain BoR and you will continue to receive renewal commissions for these members, as long as you continue to meet ready to sell criteria.
Any Broker of Record updates received after March 31, 2023 via the old/existing New York regional process will not be accepted.
Moving forward, there are two ways to become a member's Broker of Record:
1. Write the member into a new policy: If a new application is approved, you would become the member's Broker of Record.
2. Utilize a Book of Business transfer:
Transitioning to this process further aligns New York with the process already in use across other markets, and provides continuity across the Highmark footprint.
Don't have a MedCareValue page yet?
Get Your FREE Site >Multi-Year Guaranteed Annuities (MYGAs) are a favored choice for individuals looking to safeguard their savings while still achieving investment growth.
UnitedHealthcare is excited to remind you that all Tops Friendly Markets are live on the S3 retail network
Cigna's Medicare Advantage ID cards will be changing for 2025 plan year effectives.
Devoted Health is thrilled to announce a significant update to their Broker Learning Center has gone into effect.
Over the past several weeks Highmark has shared links and resources designed to ensure you're ready to sell this AEP and OEP.
Choosing an FMO to work with is not just about having access to top insurance products and commissions, it’s about finding a one-on-one agent service that is prepared to meet your needs.
Get to know us, and see how we can help you take your business to the next level.