America's Benefit Specialist August-September 2022

Jessica Word: “I could not be more excited for my father to have earned this recognition for his lifelong career and notable contribu tions to our industry. His leadership and innovation have benefited countless health insurance professionals and millions of their cus tomers during the past 40 years.” Paul Roberts: “I have worked for John at The Word & Brown Companies for the past 16 years, and it has been one of the biggest, most sincere, privileges of my life. John inspires me—and our entire industry—with his leadership, passion, vision, compassion and heart. John has shaped the way America accesses healthcare, and our world is better because of it.” Past NAHU President John Nelson: “John Word, his partner Rusty Brown and their entire company have always been there for our industry when it has mattered the most. His support for the role of

the agent is legendary, but what really sets John apart are his quiet contributions to community and those in need. He is a worthy and compassionate competitor. It is for these and many other reasons why John has my respect and is so deserving of this award.” NAHU CEO Janet Trautwein: “John Word has been a leader in our industry for decades. His outstanding leadership has created many of the most innovative and forward-thinking ways of doing business that we use today and take for granted, even though they were unheard of before he created them. He has helped provide new ways for businesses to insure their employees and has also been a mentor to many people who are successful in our industry today. I can’t think of a more deserving Gordon Memorial winner—it is long overdue and we were delighted to be able to bestow that honor on John at the NAHU annual convention this year.”

PRODUCT NEWS

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the submission of an “explanation of benefits” form to the AXIS claims administrator. The launch of HealthGap marks AXIS Group Benefits expansion into the traditional em ployer market. YOTTAFLOW OFFERS INSTANT ONLINE STOP-LOSS QUOTES Yottaflow is excited to announce brokers and TPAs can now obtain illustrative stop-loss quotes instantly from Yottaflow’s quoting partners. Yottaflow produces stop-loss quotes that are more than just manual rates. Using proprietary technology, Yottaflow instantly produces rates that help brokers and TPAs understand how an employer group might look against current or renewal rates. Yottaflow also allows brokers and TPAs to share stop loss RFPs with any carrier or MGU via secure email. Plus, brokers and TPAs can collaborate with colleagues on their entire stop-loss quoting process so everyone is always on the same page. Getting started takes less than one minute. The platform is free to use for the first 50 quote requests and no credit card is required to sign up. To get started for free, visit www.yottaflow.app/signup.

performed under the supervision or recom mendation of a physician. Annual screenings can help give employees the benefit of time if an illness is detected and treated early. To learn more, visit www.transamerica. com.

CHUBB WORKPLACE BENEFITS UNVEILS SERVICE TO ADDRESS RISING EMPLOYER MEDICAL COSTS Chubb Workplace Benefits has announced it is the first voluntary benefits carrier to offer the Benefit Resource Genie service, alongside its voluntary benefits portfolio, to employer clients. The service provides a personalized, hands-on approach in helping employees understand and select health benefit options that best fit their needs. It also reduces employer medical costs, which often are eclipsed only by payroll as an orga nization’s second-largest expense. The Benefit Resource Genie service can help save employers up to 10% of their em ployee health care spend. The service does so by helping employees identify optimal health plan coverage to minimize out-of pocket costs. Coverage options may include those that are not employer-sponsored— such as ACA plans, Medicare, Medicaid and Veteran Affairs benefits—and may better suit the employee’s unique needs. Benefit Resource Genie™ is delivered via a three-phased approach: Resource Impact Analysis: Provides the employer with an overview of the service’s

AXIS GROUP BENEFITS LAUNCHES GAP INSURANCE PRODUCT AXIS Group Benefits has announced the addition of a new gap insurance product to its suite of business travel, voluntary and supplemental benefits coverage for employees across multiple industries in the U.S. HealthGap is a supplemental medi cal insurance policy that complements an employee’s qualified major medical policy by reimbursing covered up-front and out of-pocket costs, including deductibles and coinsurance. HealthGap’s coverage is designed to be flexible for the needs of employers and employees, with clear, simple policy language and streamlined processes. In the event of a claim, policyholders are reimbursed for covered expenses up to the policy limit upon

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