Health Insurance Agents

Your customer simply combines their basic plan information with the legal pages we provide and the SPD document is ready for distribution to all insured employees. Their company will be compliant with the rules and regulations of the DOL.

Your customer’s personal COBRA Coordinator sends all necessary letters and notifications, provides a monthly activity report and online access to their account, and collects premium payments from the COBRA-enrolled beneficiaries.

Our affordable and flexible plans allow your small business customers to offer a complete medical, dental, vision, life and disability package that will save time and money while reducing the hassles of offering employee benefit plans.

Our partner, Ahola, connects your customer with isolved – the comprehensive solution that truly consolidates their payroll, HR, time and benefits enrollment. By bringing the essential functions of payroll and HR together in a unified technology, Ahola simplifies people management. All the critical functions are in one database so your customer no longer has to deal with exporting, importing or clunky integrations.

With the cost of health insurance continuing to rise, most employers ask their employees to share in the cost of health insurance through premium sharing, deductibles and co-insurance.  With SBAM’s flexible benefit plan administration in place, both your customer and their employees save through tax-preferred methods.

When your customers join SBAM as a Premium, VIP or Elite level member, they gain access to our Ask An Expert web portal for answers to all their Cybersecurity, HR and Legal Questions. Our partners, SensCy, American Society of Employers and Taylor English Law, are trusted experts that be relied on for accurate, timely information.

SBAM handles all of the billing and enrollment for our sponsored Blue Cross Blue Shield, Blue Care Network and Dearborn Life Insurance Company coverage through our internal Harmony team here in our Lansing office.

The SBAM Harmony enrollment and billing customer service team will assist you with quoting, new business, policies, amendments and cancellations, agent commissions, and field support. Your small group customers can contact us for help with all of their insurance needs.

If you are changing your customer’s existing Blue Cross or BCN coverage to an SBAM-sponsored small group health plan, you’ll need to submit a rollover letter to BCBSM through your online OneSource agent account.

SBAM’s Accident Fund program provides an upfront 5% premium discount, and the program is dividend eligible. Dividend eligibility simply means that if the comparison of our premiums earned versus claims paid falls into the right range, then you get money back. We’re pleased to tell you that our enrolled members are receiving a 2% dividend payment this year!

The discounted workers’ compensation rates and dividend program available through Accident Fund is a great example of how SBAM, and the buying power of our thousands of members from across Michigan, can benefit your company. The savings you receive are well above the amount you pay for the cost of an SBAM annual membership.

Take a look at our Pooled Employed Retirement Plan powered by TAG Resources, Transamerica, and Graystone Consulting, a business of Morgan Stanley.  The program is cost effective and outsources employer administration and liability.  We’ve negotiated exclusive savings for our members including:

• Additional $500 annual credit for three years when a business establishes a retirement plan with automatic enrollment.
• No initial set up fees.
• Start up plans may be eligible for up to $5,000 tax credit to cover the TAG annual administrative fee (for 3 years).