When you read about the 2019 Symetra-UBA Employer Experience Refund Program, you probably noticed something new. Starting this year, Symetra will calculate the dividend (AKA premium refund) on an individual basis versus the entire block. That means each case will stand on its own performance and renewal status, allowing your clients to maximize their profit-sharing opportunity.

To be eligible for the program, groups must be a UBA client at the time of payout. Cases must also renew to be eligible for potential profit share based on the results of the preceding policy period.

This proprietary Symetra-UBA stop loss admin agreement also includes competitive features such as: 

• Accelerated reimbursements for catastrophic claims via our Preferred ASO Claim Advance.
• Policies that mirror the plan document – no conflicting limitations or definitions.
• No insurer right to change Specific or Aggregate stop loss premiums or factors during the policy year, except in the event of a plan design change.
• No new lasers or increase on existing lasers at renewal.
• No renewals declined due to poor claims experience.

For over a decade, Symetra has helped UBA bring creative and competitive solutions to Partner Firms and your clients. If you have questions about the Employer Experience Refund Program, talk with your Symetra stop loss representative.

But wait, there’s more – introducing Symetra Compliance Solutions

If you haven’t heard, Symetra recently launched a new value-add program to help clients navigate the self-funded landscape. Symetra Compliance Solutions (provided by Enquiron®) is available to every stop loss policyholder and includes access to resources and tools that allow clients to:

• Get answers to legal, compliance and regulatory questions related to their self-funded plan.
• Complete a compliance assessment to identify new areas of risk.
• View educational resources, webinars and tools.
• Access unlimited ERISA attorney advice.

Want to learn more? Read our Symetra Compliance Solutions overview flier or connect with your Symetra stop loss rep. And to learn more about Symetra’s entire suite of group benefit products, visit us at www.symetra.com.

Symetra Compliance Solutions is provided by Enquiron^® through Symetra and may not be available in all states. Symetra assumes no responsibility or liability for any resources or content provided by Enquiron^®. Enquiron^® is not affiliated with Symetra Financial Corporation or its affiliates. ^© Enquiron 2018. All rights reserved  ESLM-134  2/19