The Someya Group
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IYBA Care FAQ

Q. My enrollment form does not seems to be “fillable” ?

A. Have you downloaded it and saved to your computer? Do that and then you can “save as” for each person who is enrolling for IYBA CARE. If you still have problems contact SGRM at iybacare@sgrm-insurance.com and we will work with you to get you enrolled.

Q. I am already enrolled in a health insurance plan. Do I have to wait until the end of the year or a specific time to cancel it?

A. No. You can cancel at any time and enroll in IYBA CARE. But remember for those enrolling now, coverage starts on May 1st so keep your current healthcare plan active until IYBA CARE starts.

Q. My company has a small group plan for my entire staff. Can I switch to IYBA CARE?

A. Yes you can. You can choose an IYBA CARE plan similar or better to what you have now. Because you are in a larger group with IYBA CARE, this should save your company a lot of money. Also with your current plan you may have fixed premium rates for all of your staff, whereas with IYBA care we have variable rates across age groups. You can average the premium rate across your workforce if you wish. For more assistance with mini-groups within IYBA CARE contact our health insurance experts at iybacare@sgrm-insurance.com

Q. Why is the plan contingent on 300 persons and is a May 1st start?

A. In order to have a group plan that offers an affordable price structure, insurance carriers need to spread the risk over a large number of people. In this case we need 300 people to join the plan. IYBA has over 1,500 members and along with their dependents that represents a very large pool of potential applicants, so we are confident we will reach the minimum requirement. Having an enrollment period open until April 15th allows us time to accept applications and answer all of your questions to achieve the 300 person minimum.

 

T: +1 954 727 5354
E: info@sgrm-insurance.com

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