How eDIYBS Streamlines Your Q2 Sales Process for Health Insurance Brokers

Transform Q2 Chaos into Strategic Growth

Q2 is make-or-break for health insurance brokers. Between renewals, new client acquisition, and ambitious sales targets, efficiency isn’t just a goal—it’s a necessity. Health In Tech (Nasdaq: HIT), a pioneer in AI-driven Insurtech, addresses these challenges with its Enhanced Do It Yourself Benefit Systems (eDIYBS). Designed to automate workflows, eliminate manual errors, and accelerate closings, eDIYBS is the secret weapon brokers need to thrive during the busiest quarter.

In this deep dive, we’ll explore how eDIYBS streamlines Q2 sales, backed by product-specific details, client testimonials, and actionable strategies.

1. Generate 12+ Firm Proposals with 4-Tier Rates in Minutes

The Problem: Delayed Proposals Lose Deals

Traditional underwriting platforms force brokers to wait days or weeks for proposals. During Q2, this lag can mean losing clients to competitors or missing renewal deadlines.

The eDIYBS Solution: AI-Powered Speed

eDIYBS’s proprietary SaaS platform enables brokers to:

• Create 12+ plan options with 4-tier rates in minutes.
• Customize autonomously: Select networks (e.g., Hi-Performance Network), set return options, and design client-specific benefits.
• Download bindable proposals as polished PDFs, ready for presentation.

How It Works:

1. Input Basic Data: Upload group census details (names, DOB, ZIP codes).
2. AI Analyzes Risk: The system assigns risk scores using medical and demographic data.
3. Generate Proposals: Choose from pre-built templates or create custom designs.

Why It Matters for Q2:

• Speed: Respond to RFPs same-day, preventing client attrition.
• Scalability: Handle 10x more renewals without hiring additional staff.
• Branding: White-label proposals with your brokerage’s logo and colors.

 

2. Locked Rates Build Trust & Speed Closures

The Problem: Post-Quote Surprises

Many platforms allow insurers to adjust rates after proposals are sent, eroding client trust and prolonging negotiations.

The eDIYBS Solution: FIRM Proposals

eDIYBS guarantees real-time rate transparency:

• Quotes are final: No hidden adjustments after submission.
• Instant Pricing: Integrate live data from the Hi-Performance Network.
• Audit Trail: Track every rate change for compliance.

Why It Matters for Q2:

• Trust: Clients appreciate transparency, strengthening long-term relationships.
• Speed: Eliminate weeks of renegotiation to meet quarterly targets.

3. Integrate Ancillary Products in One Click

The Problem: Fragmented Systems

Most brokers use separate platforms for medical and ancillary coverage, leading to disjointed proposals and missed cross-sell opportunities.

The eDIYBS Solution: Holistic Bundling

With eDIYBS, brokers can:

• Add 6 ancillary products in one step:
  • Critical Illness & Cancer Voluntary: Lump-sum payouts for diagnoses.
  • Accident Indemnity: Coverage for injuries on/off the job.
  • Dental & Vision: Preventive and emergency care.
  • Term Life & GAP: Financial safety nets for families.
• Bundle strategically:
  • Example: Pair Critical Illness + GAP for manufacturing clients with high injury risks.
• Track Performance: Use the Ancillary Analytics Hub to identify top sellers.

Why It Matters for Q2:

• Revenue Growth: Ancillary products can account for growth in average broker income.
• Client Retention: Comprehensive packages reduce shopping around.

4. DocuSign Workflows Accelerate Implementation

The Problem: Enrollment Bottlenecks

Even after closing deals, manual paperwork and signature collection delay plan activation—a critical issue during Q2 crunches.

The eDIYBS Solution: End-to-End Automation

eDIYBS integrates DocuSign to streamline:

1. Client Selections: Confirm up to 3 plan options + ancillaries.
2. E-Signatures: Automate signature requests with pre-built templates.
3. Workflow Management: Track pending documents in real time.

Step-by-Step Workflow:

1. Proposal Approval: Client selects plans via the eDIYBS portal.
2. Auto-Generated Docs: System populates forms with client data.
3. DocuSign Routing: Send forms to stakeholders in seconds.
4. Instant Enrollment: Activate plans upon signature completion.

Q2 Impact:
Brokers using eDIYBS report a faster implementation cycle.

➔ Schedule a Demo of eDIYBS
➔ Download the Rippling Effects Whitepaper

Additional Resources for Brokers:

• HI Card: Mobile-First Benefits for Tech-Savvy Clients
• Watch the eDIYBS Underwriting Demo
• 5 Broker Tips to Master Q2 Renewals
• Join Our LinkedIn Community for Real-Time Q2 Strategies

FAQ Section

Q: Is eDIYBS compatible with my existing CRM?
A: Yes! eDIYBS integrates with HubSpot, Salesforce, and more via API.

Q: How does the AI risk assessment work?
A: The system analyzes historical claims data, demographic trends, and medical histories to predict risk—no human bias.

Q: Can I try eDIYBS before committing?
A: Absolutely. Schedule a free demo to test the platform.