Here is some information you should be mindful of for an easy and stress-free renewal process:
Try to submit your paperwork 2 weeks prior to your renewal date so you receive your member ID numbers and cards in a timely manner.
If your paperwork is submitted close to or on your deadline date it will take longer for your member ID numbers and cards to come in since carriers are backed up.
It normally takes 7-10 business days from your approval date for your member ID numbers and cards, which can be 2 weeks.
Submitting paperwork earlier will insure your bill is accurate for the following month.
Insurance carriers do not regenerate bills, so if your bill is incorrect you will have to pay that bill but will be reimbursed in you next bill.
This time of year is the busiest for renewals so expect longer turnaround times.
Cosmo Insurance Agency is an independent insurance agency serving surrounding communities in New Jersey. Cosmo keeps its promise to assure an efficient and creative approach to the services we offer. Each of our clients experience a personalized and long-term relationship with us. Our New Jersey based team of health brokers guides our clients in helping them choose the most cost-effective options. By incorporating the latest in technology-based tools and laws on healthcare, employee benefits, life insurance and finance, we keep our clients up-to-date with the plans that encompass all of their needs, whether it is individual or group insurance.
