GeorgeInGA
New Member
- 8
Could use some experienced advice.
Have a small group of 40 people spread out over several states. Already have top shelf group major medical with all the bells & whistles (vision, dental, STD, LTD, LTC, & Life), but looking to change because owner wants better plan in his state. He's the only employee in that state, it's not even home office state, and all other employees are happy with existing coverage.
Questions:
1. Can this type of group be written outside of exchange?
2. Which state do you write group policy in? Home office (1 employee), majority rule state (11 employees), or possibly HR directors state (1 employee, but currently licensed here.)?
3. Do you only need to be licensed in state where policy is written?
4. Can you write group policy for the 39 employees who are happy with existing coverage and let owner refuse coverage, go to exchange, and let company reimburse....or increase salary?
Any advice would be appreciated.
Have a small group of 40 people spread out over several states. Already have top shelf group major medical with all the bells & whistles (vision, dental, STD, LTD, LTC, & Life), but looking to change because owner wants better plan in his state. He's the only employee in that state, it's not even home office state, and all other employees are happy with existing coverage.
Questions:
1. Can this type of group be written outside of exchange?
2. Which state do you write group policy in? Home office (1 employee), majority rule state (11 employees), or possibly HR directors state (1 employee, but currently licensed here.)?
3. Do you only need to be licensed in state where policy is written?
4. Can you write group policy for the 39 employees who are happy with existing coverage and let owner refuse coverage, go to exchange, and let company reimburse....or increase salary?
Any advice would be appreciated.