Angle Health and PerfectQuote Innovate Real-Time Health Plan Quoting for Brokers

In an ever-evolving insurance landscape, the collaboration between Angle Health and PerfectQuote stands out as a revolutionary development shaping the future of health plan quoting. PerfectQuote, a prominent player in the digital quoting arena for group health insurance, has joined forces with Angle Health to enable brokers to access real-time, firm underwritten level funded health plan quotes faster than ever before. This integration aims to streamline the traditionally cumbersome quoting process, allowing for efficiency and accessibility that the industry has been yearning for.

For brokers working on behalf of employer groups, acquiring quotes has traditionally involved a painstaking process often laden with extensive underwriting periods and complicated requirements. However, with this new alliance, brokers can obtain firm, underwritten quotes for level funded health plans directly from Angle Health in under two minutes. This advancement uses only basic employee census data, employer information, and desired effective dates, significantly reducing the amount of time brokers need to wait for quotes—which was traditionally weeks or even months.

Caleb Parker, Chief Commercial Officer at Angle Health, emphasizes the importance of this integration: "Angle Health is transforming how brokers access level funded health plans by delivering what the industry has never seen before – firm, underwritten level funded quotes in under 2 minutes using the same basic information required for ACA small group quoting." This straightforward method positions brokers to efficiently compare various plan options, including both level funded and traditional ACA small group products, thus enhancing their ability to provide comprehensive solutions tailored to their clients' needs.

The partnership leverages PerfectQuote's extensive digital platform, which currently supports around 14 of the 20 largest firms in the U.S., managing quotes for over 100,000 employers. This robust framework allows for frictionless distribution, optimizing operations for carrier sales and underwriting teams. The move addresses a significant gap in the market where level funded health plans have remained mostly inaccessible due to their inherently complex nature.

Key features of the Angle Health and PerfectQuote integration include:
  • - Instant Firm Quotes: Brokers receive bindable level funded rates in just minutes, enhancing client satisfaction.
  • - Simplified Data Requirements: The process requires only standard ACA census information, eliminating the need for medical underwriting and avoiding the complications of lengthy questionnaires.
  • - Side-by-Side Comparisons: Brokers can simultaneously quote both level funded and ACA small group products on one platform, facilitating informed decision-making for clients.
  • - National Network Access: Access to major national PPO networks such as Aetna ASA and Cigna Choice Fund, which ensures that plans offered are competitive and comprehensive.
  • - Transparent Pricing: Brokers receive firm quotes without any unpleasant surprises post-submission.
  • - Contract Flexibility: Options for 12/24 contract terms with guaranteed 12-month runout periods provide brokers and clients with needed flexibility.
  • - Rapid Digital Implementation: From the sale to the delivery of digital member ID cards, turnaround is as quick as 72 hours.

This partnership represents a vital shift towards accessible and efficient health plan options for small and mid-sized employers presenting a transformational opportunity in the benefits market. By reducing operational complexities and accelerating the quoting timeline, Angle Health and PerfectQuote have set out to redefine the standards of health insurance in the digital age. Employers across 45 states now have a reliable partner that combines AI technology with excellent customer service in navigating complex health insurance choices.

For those seeking to learn more about the transformative solutions offered by these two innovative companies, check their websites or contact the professionals behind PerfectQuote. The future of health plan quoting is here, and it’s more efficient than ever.

Topics Health)

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