Unlocking Value for Brokers with Smart Health Plans
Unlocking Value for Brokers with Smart Health Plans
As an insurance broker, providing tailored and versatile health plans to clients is key to building long-term relationships and staying competitive in the always-changing insurance marketplace. Smart Health Plans, offered through BENADVANCE, deliver comprehensive, high-quality options designed specifically for brokers to attract a wider client base, including sole proprietors, 1099 employees, and any sized groups.
Why Smart Health Plans Are a Game-Changer for Brokers
- Access to National PPO Networks
One of the standout features of Smart Health Plans is the inclusion of national PPO networks through major providers like Cigna and PHCS/Multiplan and Anthem BCBS. This network access allows brokers to offer coverage that is widely accepted across the country. For New Jersey residents, the integration of QualCare, a robust network with over 30 years of experience, further enhances accessibility and value. With such extensive network options, brokers can meet diverse client needs and provide peace of mind with widespread provider availability.
- High Commissions and Financial Incentives
Smart Health Plans offer high commission rates to brokers, creating an attractive revenue stream. By partnering with BENADVANCE, brokers can benefit financially while providing members with superior health insurance solutions. This competitive commission structure not only rewards brokers for each sold policy but also supports their business growth.
- Group Plans for Small Businesses and Sole Proprietors
In today’s economy, there is an increasing demand for health plans that serve sole proprietors, 1099 contractors, and small business groups. Smart Health plans offers large group pricing and benefits to these individuals and small groups. Brokers can expand their client base by catering to these small and medium-sized enterprises (SMEs), enabling them to offer competitive health benefits previously out of reach for smaller businesses.
- Flexible Plans
With multiple deductible plans and National PPO networks, Smart Health Plans allow brokers to customize options according to members’ budget and health needs. This flexibility is crucial, as it enables brokers to offer plans that match members’ specific financial situations and coverage requirements, enhancing client satisfaction and loyalty.
- Comprehensive Coverage in All 50 States
Smart Health Plans are available in all 50 states, making them a practical choice for brokers with members across multiple regions. This nationwide availability also simplifies plan administration for brokers managing accounts with multi-state locations, providing a cohesive solution for businesses with employees scattered across the U.S.
- Out-of-Network Coverage for Added Flexibility
All Smart Health Plans include out-of-network coverage, providing members with additional flexibility to seek care beyond the primary network when necessary. This feature is particularly valuable for members who prioritize choice and access to specialized providers, and it serves as a powerful selling point for brokers competing with more restrictive plans.
- Year-Round Rolling Enrollment
Unlike traditional health plans that limit enrollment to specific periods, SmartHealth Plans offer rolling enrollment throughout the year. This flexibility enables brokers to onboard members whenever the need arises, making it easier to capture business at any time and respond to members’ needs promptly.
- 24/7 Client Support and Member Portal Access
Smart Health Plan members benefit from 24/7 claims and eligibility access through a secure online portal, along with live member support Monday through Friday from 8 AM to 6 PM EST. These resources provide convenience and accessibility, improving the client experience and reducing the burden on brokers to handle routine inquiries.
How BENADVANCE Enhances Broker Success
BENADVANCE is committed to empowering brokers with a streamlined platform and a comprehensive marketplace, offering white-labeled solutions that can be tailored to each broker’s brand. With BENADVANCE’s platform, brokers can focus on scaling their business and building their brand, while BENADVANCE manages the technical and administrative support needed to deliver exceptional insurance products. For brokers seeking to enhance their portfolio and serve members with varied health coverage needs, partnering with BENADVANCE is a smart investment.
