The Savoy Team Can Help | Understand All the Options for Group Coverage, or COBRA, Individual Coverage or Medicare
Published: 04.17.2020
The COVID-19 crisis has many employers looking for solutions as they consider the difficult possibility of furloughing or laying off employees. They may be looking for answers from you.
This is where Savoy can help you shine. With Savoy, you are equipped to work with carriers on continued group coverage options, or to provide COBRA, Individual coverage or Medicare plans.
The best selection depends on the circumstance, and you will have every option available.
Savoy’s goal is to support you and your clients during this challenging time. Working through your dedicated Account Management team, you can utilize Savoy’s Individual Health and Medicare team and services to assist your groups and members within those groups. We recognize you are part of an essential industry at this moment, and we can provide you with valuable expertise described in the Question and Answer (Q&A) section below.
The Savoy team is here to support you and your groups, to make sure groups and individuals know ALL of their options, and to reinforce to them the value of working through YOU.
What are the Individual and Medicare services available through Savoy? In addition to your Account Management team, Savoy has a dedicated group of employees providing Individual and Medicare health plans to consumers. We also offer dental, vision and life insurance for individuals and families. We operate in New York, New Jersey, Southeastern Pennsylvania, and Delaware.
How can the Savoy team help you and your groups? Our Individual Health and Medicare experts work with you and your Savoy Account Management team to help you understand the best transition plan for people losing group coverage – whether the solution is COBRA, Individual coverage or Medicare plans.
Why did you mention Medicare? Because anyone over 65 losing group coverage needs to understand their Medicare options. There are costly penalties for not enrolling in Medicare when you should. Every consumer over 65 coming off of group coverage should receive a consultation with a Medicare expert immediately. The Savoy team can provide that.
Can any licensed agent sell individual policies? No, you must pass a certification course and exam annually to be certified. If you prefer not to take that step, you can refer individuals to Savoy, and we will enroll them. Members of the Savoy team are certified to sell Individual Health and Medicare plans. If you are interested in further information on certification, please let your Account Management team know, and they will connect you with someone who can assist you.
What is the difference between a furlough and a layoff? These ARE different, and important to know. Plus, the government regulations and carrier rules governing them are changing daily. Please see the
Savoy COVID-19 FAQs on
savoyassociates.com.
How can I learn more? Contact your dedicated Savoy Account Manager. They are your source for complete guidance through this national emergency.
Together, we are an essential industry. Businesses and individuals are counting on us now to support them. You have all the tools through Savoy, and we stand ready to assist you in informing and serving your customers.
If you have any questions, please
contact your Savoy Sales Team.
