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March is roaring in like a lion, and AmWINS Group Benefits is on board for the ride. We continue to try to bring innovative solutions to our retail partners and March's Client Update focuses on the opportunities that abound in adminstrative audits and a new approach for selling accident and health products. Read on to see how we are helping benefit professionals better serve their clients.
Client Updates are archived here on our website if you'd like to refer back to previous issues. Sam Fleet President, AmWINS Group Benefits
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CLIENT ADVISORY: The Value of a Health Benefits Audit
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A health benefits audit can position the benefit professional as a savvy consultant and provide an important competitive edge.With health benefits costs rising, the annual renewal exercise that benefits professionals and their customers go through can be painfully negative. The benefits professional who provides a silver lining to all of that gloom will stand out from competitors. A thorough benefits audit can reveal areas of significant savings that can serve as that important silver lining. Read more...For more information about AmWINS' health benefits audits, contact Mark Lawlor, 203.793.2913, mark.lawlor@amwins.com |
PRODUCT SPOTLIGHT: Zurich Accident & Health
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The right accident and health policy can help your clients avoid thousands of dollars in expenses.
Not all benefits professionals have affinity clients in their block of business, but many do have clients with high deductible health plans. One way AmWINS Group Benefits is assisting brokers in better serving their clients is by layering an accident program with critical illness to "fill the gaps" in coverage associated with a high deductible plan. For little cost, an accident and critical illness policy can cover those first dollar costs and prevent clients from going out-of-pocket thousands of dollars. Read more...
For more information about our A&H products, contact Lou Madonna, 860.930.3570, lou.madonna@amwins.com
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IN THE NEWS: Article on Employer Group Waiver Plans
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Sam Fleet's recent article shows how brokers have a great opportunity to help their clients with EGWPs.
Employer Group Waiver Plans (EGWPs, often pronounced "Egg Whips") are becoming increasingly important as federal legislation impacts the value of the Retiree Drug Subsidy option. Retiree drug options give brokers the opportunity to ride to the rescue of their clients by helping them transition to an EGWP rather than accepting the retiree drug subsidy, which has changed considerably with the Patient Protection and Affordable Care Act. Read more...
For more information about EGWPs, contact Michael Hajdun, 401.734.4125, michael.hajdun@amwins.com
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NEWSLETTER: Product Recall and Contamination
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 March edition of AmWINS RecallReport highlights the massive impact of a simple typo. Each month, the AmWINS RecallReport highlights a major recall or industry issue and provides a list of select recalls from the previous month, illustrating the impact of product recall and contamination exposures and why this coverage is so important. Feel free to use this newsletter to help your clients understand why many companies are at increased risk for recalls and what they can do. Read more...If you'd like to receive the monthly RecallReport, click here to sign up for the newsletter. For more information please contact our Product Recall Specialists at recallready@amwins.com or your AmWINS broker/underwriter. |
