Who doesn’t like a Sweet Deal? Aetna is offering an Administration Credit to your small business clients for early submissions using their Springboard digital enrollment platform. This is in addition to the previously announced broker bonus opportunities!
Rogers Benefit Group is standing by to assist you and your clients with the Aetna Springboard enrollment process! We will make it easy for you and your clients to take advantage of this offer!
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AFA Underwriting Update.
| | Help your small business clients get $45 per subscriber | |
| | New Small Group (5-50*) Aetna Funding Advantage administrative credit | |
| | Just when you thought it couldn't get any better, we've taken Aetna Funding Advantage (AFA) to new heights. From 10/1/17 through 1/1/18 effective dates, your clients could earn an early bird administrative credit of up to $45 per subscriber. This applies to both new business and current Aetna customers switching to AFA.
All you have to do is submit the new sale notification by the dates listed below and use our digital new business submission process. Your group must also use Springboard Marketplace® for employee enrollment.
Here's the payout: - $30 administrative credit per subscriber to groups that only offer the national network (CPOS II) AFA plans
- $45 administrative credit per subscriber to groups that offer at least one local (ACO/HPN) AFA plan
Below is a chart of deadlines in order for your groups to qualify for the AFA early bird administrative credit. | | Effective date | New sales/ conversion notification date | Final group documents submission date | Enrollment on Springboard completion date | | Oct 1 | 09/11/2017 | 09/14/2017 | 09/22/2017 | | Nov 1 | 10/11/2017 | 10/16/2017 | 10/23/2017 | | Dec 1 | 11/10/2017 | 11/15/2017 | 11/22/2017 | | Jan 1 | 12/11/2017 | 12/14/2017 | 12/22/2017 | |
Check out the attached flyer for more details.
If you have any questions about AFA, please contact your Aetna representative.
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| | *Up to 100 in CO | |
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Aetna Funding Advantage (AFA) plans are self-funded, meaning the benefits coverage is offered by the employer. Aetna Life Insurance Company only provides administrative services and offers stop loss insurance coverage to the employer. | |
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