New Business Process

New Business Process

Once the group has completed quoting and underwriting, and the employer has reviewed prescreen rates, the new business process begins.

New Business Documents During the underwriting stage, the employer and employee disclosures and/or forms should have been completed and submitted. Additional documents required for new business processing include: Group Setup Form ACH Processing Form Administrative Services Agreement Writing Agent Transmittal The group’s most recent quarterly wage and tax statement

New Business Documents: Group Setup Form Requests employer information, including: Company type Insurance contact information COBRA and retiree information Authorizations for key personnel

New Business Documents: ACH Payment Processing Form Employers electing SafeGuard coverage must make monthly payments via automatic account withdrawals This form collects all account information necessary to set up the automatic deductions, as well as required authorization

New Business Documents: Quarterly Wage/Tax Report Employers must submit the most recent quarterly wage/tax report for verification of participation and validation of eligibility

New Business Documents: Administrative Services Agreement This document establishes the administrative services contract which is to exist between USHL and the employer All areas of services to be provided are identified and defined

New Business Documents: Writing Agent Transmittal Information pertaining to the writing agent for the group, necessary for commission payments

New business documents are processed by underwriting and final rates are issued– these will match prescreen rates if there were no significant changes in the group census from the time of quoting.

Offer Delivery Two documents constitute SafeGuard offer delivery: Offer of Excess Loss/Policy Schedule Excess Loss Insurance Application

Offer Delivery In order to accept the terms and conditions of the SafeGuard offer, the employer must: Sign and return the excess loss insurance application (electronic delivery is acceptable) Mail a check for the first month’s payment to US Health and Life Insurance Co. Underwriting Department 255 S Old Woodward Ave, Suite 300 Birmingham, MI 48009-6182

Enrollment Once offer acceptance is received, along with the first month’s payment, enrollment begins Within 48 to 72 business hours, participants are enrolled with USHL and network(s) Subsequently: A welcome letter and administrative kit goes out electronically to the group and agent The excess loss insurance policy is mailed to the group Group contact receives MPD and SPDs Members receive ID cards

For additional information on SafeGuard, select an option below: Speak with a Sales Representative Contact USHL Sales Support at (844) 828-5968 or send an email to SalesSupport@ushealthandlife.com Learn more about SafeGuard http://www.ushealthandlife.com/Find-a-Plan/Medical/SafeGuard Review SafeGuard Benefit Summaries http://www.ushealthandlife.com/Find-a-Plan/Medical/SafeGuard/Benefit-Summaries Review Frequently Asked Questions http://www.ushealthandlife.com/Portals/0/Documents/SafeGuard/SafeGuard_FAQs.pdf Obtain a Quote http://www.ushealthandlife.com/Find-a-Plan/Quotes-from-USHL/Get-a-Quote#SafeGuardQ Excess loss insurance policies and PPO insurance plans underwritten by US Health and Life Insurance Company, Inc.  SafeGuard plans administered by US Health and Life Insurance Company, Inc. © 2017 US Health and Life Insurance Company, Inc. All rights reserved.

New Business Process