November – December 2015
January Group Healthcare Renewals
All of our groups have received their January renewal options. If you are not making any changes you do not have to do anything. However, a quick email to us with your decision will be appreciated. If you are making a change, it is important to get your paperwork to us as soon as possible. Just imagine the ‘bottle neck’ at the insurance companies for all the January renewals.Everyone will want their new ID Cards as soon as possible so “the sooner the paperwork is submitted the better”. Contact us
January Individual Healthcare Renewals
For those enrolled in an individual plan (not through a group) if you are not making any plan change you do not have to do anything. BUT, if you are deciding to change your plan (probably to lower your premium) a NEW application is required. Imagine the ‘bottle neck’ at the insurance companies for all the January renewals that are being processed. To get your new ID Card as soon as possible please act quickly. Contact us
December 2015 Rate Increase
Workers Compensation has always been n major concern for our businesses. The Delaware Insurance Department has approved a 7% increase, effective 12/1/15. Although this increase is less than expected it is an increase none the less and will effect your bottom line. We have a unique solution for most industry classes and we invite you to contact us to learn more about our program. To discuss your specific company and industry class(es), call us at 302-654-8823.
If you currently have an HSA account with Bancorp, you should have received a notice regarding HealthEquity. This new firm will provide a new account for you and the funds currently in your Bancorp account will be transferred. New cards will be sent to you for activation. We have attached a FAQ’s flyer that may help resolve your questions. You can direct questions to 866-382-3510.
To learn more about our benefits call us at 302-654-8823.