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June 24, 2003, To: RE: All Wisconsin Partners Mutual Agents Finding Opportunities Centering Upon Service FOCUS Change NEW Partners Billing System Statement During the June 2002 FOCUS meetings you
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A second change was created in July that provides for advance notice when a premium statement is due. This is an improvement to how advance billing is currently handled. The third change was implemented for the entire 2002 billing year regarding advance notices as to the payment due date for an installment policy. This change has not yet occurred for each billing year that is still in progress. A fourth, significant change will occur on December 15, 2003, regarding advance notice of the annual payment due date of any installment policy, with exception to installment policies that have an individual installment date. This change will allow for better reporting of this important billing document. The third key feature of this new change is that we will expand the total number of partners that can provide advance billing for a specific policy and, by so doing, expand coverage to more than 90% of the WI population. For example, if a family owns a retail business, that individual family will now have a monthly billing account with the BCD. That family would benefit from the additional revenue that that family will be able to bring into the BCD. To help ensure accurate billing we added a new service available at BCD. The new service is called Account Services. This new service is available in the office for every household in the state who has a retail business. All the household will then have access to a new BCD form that will allow them to provide us with their address information so that the new, additional statement can be mailed to them. I understand the frustration of those of you that have not received advance notices. Those people have a right to know that the bills they are receiving are legitimate. We also understand the frustration of those that have received some advance notices and want to see their monthly bills for them. For most new businesses it is not practical for them to have a separate office to pay this bill. Their invoice or check would have to be handed to them or a bank or financial institution would have to open an account for them. The BCD is a new service offering for all small businesses that has a regular accounting office such as a bank or mortgage bank. For most small businesses, this means that when the business pays a bill for any portion of the business, that bill is paid in an appropriate and timely manner. This also means that if the business does not wish to open the account directly with the BCD, then it can pay the invoice to the customer and close the account at the same time.

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