Eight years ago (OMG!), Tip # 1 went something like this.
Joe doesn’t show up for work Monday morning and then you get a call from his wife. Joe was admitted to the hospital over the weekend, at which time she learned he didn’t have insurance. Two things could happen:
- You have a signed waiver on file showing Joe declined coverage during last year’s open enrollment. You offer your condolences but there’s nothing you can do.
- There’s no signed waiver on file; expect Joe and his wife to make “one call.”
I rehash this Tip because we took on a new client this week who admitted they have been less than diligent collecting waivers. It happens. But with just 25 of 85 employees enrolled, that’s plumber’s butt (an ugly exposure)!
Then I talked to an existing client who I discovered has been enrolling new hires in their group medical plan (that we implemented) but not the life and disability coverage (that another agent sold).
Lame excuse, Rauser. FIF. (Fix it fast!)
“That’s all.”
P.S. The Medicare Open Enrollment Period started this week and ends December 7th. This
Kiplinger article nicely summarizes what changes can be made to your coverage. An even better resource is Dawn Devlin in our Mequon office. She has 30+ years’ experience and can be reached at 262-236-6950.
