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 Boca Benefits Consulting Group Inc.

The Insight

BBCG Consultants - Creating The Best Teams For The Task At Hand Since 1980
 
 
(727) 510-7138
 
Copyright © 2010 Boca Benefits Consulting Group, Inc. | All Rights Reserved | Clearwater, Florida USA 
top      Issue:  04.016.731
China Initiatives Edition

Tuesday March 16, 2010    

Official US Passport
 An Assignment Abroad?
Tourist US Passport
 
 
BBCG Makes Foreign Service Offficer Plan Sale in Beijing, China
                                                   Meetingthe Needs and Maximizing the Opportunities
 
 
In the late fall of 2009 BBCG was approached by a group of foreign diplomatic personnel at that time posted in Miami, Florida and asked if we could structure a plan for them in anticipation of a a new posting to China that was forthcoming. Due to certain health considerations and the original relatively small size of the group, BBCG placed the business with a major US carrier which has also established a substantial China presence via a joint venture there. That carrier was inclined to take more risk in return for a case with relatively high visibility and growth potential. For those knowledgeable about insurance, the business contract situs was established at the Washington, DC embassy of the country and eligibility was extended to all diplomatic personnel of that country, worldwide.
 
 
BBCG Participates in US Department of Commerce Beijing, China Initiative
                                                                                                  White Paper Posted in Shaghai 
 
Following on the abve sale of a FSOP ("Foreign Service Officers Plan") in Beijing, BBCG was vetted by the US Department of Commerce for participation in its "Access America"  initiative in China.  An Internet based summary of services has been listed in both Chinese and English with the assistance of a Shanghai based translator.  Per the request of the AccessAmerica coordinator, BBCG also wrote and posted an associated white paper titled "Accessing International Healthcare Insurance in the Global Economy." There are four primary resource links per below. May require "Simplified Chinese" language pack in your browser for full functionality.
 
Shanghai Based Server Links:
 
Link to the directory with BBCG listing:  http://www.buyusa.gov/china/zh/aa_directory.html 
 
 
BBCG forms "On-Shore" China Correspondent Relationship
                                           Can Now Write In-Country Groups via Correespondent
 
A relationship has also recently  been established to place domestic healthcare insurance on persons inside China via approrpiately Chinese licensed brokers there.  This in-country sales network relationship may be used for health insurance plans that require an actual China contract situs (i.e., as opposed to international plans having a US based contract situs). For US investors and others establishing a China presence, BBCG can now broker health plans for both white collar employees with international requirements and Chinese nationals and/or resident expatriates. It should be noted that as of this writing the orientation of one of our primary carriers there remains white collar for both international and domestic plans. Please contact us to discuss any non-white collar groups (e.g., supervisors and manufacturing employees, etc.). We will due an appropriate market search on your behalf.
 
   
BBCG Brokers Short-Term Healthcare Plans for Participants in Shanghai World Expo
                                                                                                                        World Trade Fair Begins in May
 
 
Many countries are deploying temporary employees to Shanghai for the 2010 World Expo. BBCG has been asked to provide short-term international healthcare cover for groups associated with countries having a US embassy presence. As per the FSOP above, if a US contract situs can be established, we are prepared to write such cover quickly on a direct basis utilizing a major US carrier's international subsidiary. 
 
 
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  For questions or information, please click here to email BBCG Inc. or telephone us at +1.727.510.7138. 
 
 
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 Recap for Diplomatic Officers 

 
International commerce, tourism, education and cultural exchanges require large numbers of people to be outside the geographic limitations of their domestic insurance or national health plans at any point in time.  Some of those with international medical insurance needs are:
 
 
  • Travel companies in your home country for in-bound and out-bound tourists
  • Your country's entities having foreign trade development missions requiring frequent travel abroad
  • Your universities or international schools for both in-bound and out-bound students/faculty
  • Established ex-patriate communities and/or organizations
  • Embassy, consulate and other government employees, per se, having postings abroad
  • Your country's major employers with offshore manufacturing or distribution
  • Your country's employers which provide limited sub-contract services to major global companies
  • Your country's insurance industry distribution chain, per se, desiring a correspondent brokerage relationship in the U.S.
  • Long-term joint venture potential between IMG Global and insurance/financial industry companies in your country
  • Missionaries and/or non-governmental organizations ("NGO's") whether in-bound or out-bound
  • Companies operating vessels with international ports of call (e.g., shipping, fishing, ferries, liners, etc.)
  • Other captain/crew manned vessels with international ports of call (e.g., personal, goverment and corporately owned yachts, etc.)  
 
 For questions or information, please click here to email BBCG Inc. or telephone us at +1.727.510.7138. 
 
 
 
 
About Boca Benefits Consulting Group, Inc.
 
BBCG, Inc. has been providing brokerage and consulting services to Florida employers since its formation in 1996.  Its principal consultant, Robert W. Murphy, has 28 years of insurance carrier management and consulting experience. He holds an advanced financial degree and four of the most prestigious financial services designations in the industry (REBC, ChFC, CLU, RHU). He has been a panelist/speaker at a national conference on the future of healthcare and was a participant at a Harvard University executive program entitled "Skills for the New World of Health Care."
 
Please click here for additional contact information. 
 
Please click here for a proposal request or contact by BBCG.