Underwriting
What is the name of the company that does TAC's underwriting
PEO Velocity or Compass
How many different medical plans are included in TAC's master?
4
What is the lowest deductible amount that is offered?
$1,500
How many dental cleanings are covered by Anthem per year?
2
What is the name of TAC's new master MEC provider?
Hooray Health
What is another name for a "Risk Factor"
Bucket
What carrier provides Voluntary Life Insurance?
Renaissance
As a team, come up with a quick rhyme about open enrollment. You have 3 minutes to prepare.
Let's hear it :)
Which savings account is "use it or lose it?"
FSA
Does Anthem's Live Health Online service require a co-pay? (yes or no)
Yes
How many benefit eligible employees does a company need to be eligible for TAC's master benefits?
6
What carrier provides TAC's master Pet Insurance plan?
Nationwide
Which two master medical plans do not have a pharmacy deductible?
PPO $4,000 & HDHP
$X amount of Voluntary Life Insurance is guaranteed at time of original eligibility.
$50,000
As a team, come up with a pitch for Doctegrity. (2 minutes to prep)
Let's hear it :)
What is the name of the new AI tool that TAC started using to generate master medical quotes?
SAIL
An employer can choose to offer two different levels of Employer Paid Life Insurance. What are those two levels of coverage?
$10,000 or $20,000
What is the HDHP deductible for 2025 for single & family?
$3,300 for single / $6,600 for family
Who is TAC's FSA vendor?
ThrivePass
TAC offers COBRA administration to all companies who elect our master benefits. What does COBRA stand for?
Consolidated Omnibus Budget Reconciliation Act of 1985
How many benefit-eligible employees does a company need to have to be able to use the AI tool to generate a medical quote?
11 benefit-eligible employees
What are 4 examples of types of accidents or illnesses that are covered under TAC's master Accident Plan?
Hospital Admission, ICU Confinement, Ground Ambulance, Emergency Room, Dislocation Benefits, Fracture Benefits, Dismember Benefits, Accidental Death
If you elect the HDHP, you are eligible to contribute a maximum of $x as a single or $x as a family in 2025.
$4,300 / $8,550
What is the name of the form that an employee needs to complete if they elect more than the guaranteed amount of Voluntary Life Insurance?
Evidence of Insurability
Celeste sent a letter to all clients on our master benefits. In the letter, she listed 3 reasons why healthcare spending is expected to grow to it's highest level in 2025. What are those three demographic and economic factors?
1) Inflationary Pressure
2) Prescription drug cost
3) Usage of behavioral health services