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Last Year All Over Again…

June 24th, 2015 in Agent Broker Broadcast

Are you reminded of the huge rate increases due to Adjusted Community Rating (ACR) and the mad rush to stay on pre-ACR plans when you look at your Small Group 12/1 renewal block?  This year it will happen again, but on a larger scale…eek!  The definition of Small Group changes from 2 -50 to 2 -100 on 1/1/2016.  Are you prepared?  Take a look at some of the differences:

2-50 51-100
Regulated Rates Unregulated Rates
Minimums Lower Lows
Maximums Higher Highs
Guaranteed Renewability   DTQ pre-2014

 

Transitional Policy Relief allows you to renew “as is” outside of adjusted community rating.  Currently, transitional relief for groups in the 51 to 99 market ends 10/1/2016.  Meaning, any 51-99 group sold with an effective date later than 10/1/2015 will be forced on to a new ACR plan upon renewal.  Groups (51-99) with a 10/1/2015 or earlier effective date will be able to renew their plans in 2016 on transitional relief, prolonging the movement to ACR.  Some groups could see as much as 100% rate up when moving to ACR, talk about rate shock!

What is your strategy? If you don’t have a strategy already in place for your 51-100 block, we can help!

Contact your entire 51-100 block:   Talk to your groups about shopping off-cycle (if need be) to take advantage of transitional policy relief.  If you don’t show them all their options while there is still time, another broker will.

Show your clients UnitedHealthcare:  Transitional policy relief may not be available through all carriers; however, it is offered by UnitedHealthcare.  Move groups that are going to benefit from staying on a pre-ACR plan to a 10/1 effective date and lock in 10/1 rates.  Select a multi-choice package with plans that will accommodate the group’s needs for the next 2 years with UnitedHealthcare.  If the group likes their package, they can keep it!  Don’t forget, UnitedHealthcare is offering a renewal rate cap based on paid premium vs. claims and broker bonus programs too!

Not all groups will benefit from transitional policy relief.  Moving to a 1/1/16 effective date on an ACR plan might be a better option for some, but you must act now to weigh your options.

Don’t forget, we can also help with your 51 -100 groups that do not currently have coverage in place, but want to take advantage of pre-ACR plans before the play or pay fines go into effect next year.

Contact us today at 972-991-6500 while there is still an option for your group!

Training for All Savers coming soon!

June 3rd, 2015 in Agent Broker Broadcast

allsavers-training

UnitedHealthcare’s newest level funded program, All Savers, is taking the market by storm…here is your chance to learn more!

Reserve your seat today for the June 25th morning or afternoon training session by calling us at 972-991-6500.  If you’re not marketing All Savers® to your groups, someone else will.  Don’t miss this exciting opportunity to help your clients save money!

Ready to get contracted?  Contact Joe Sherman at 972-404-2621 today!

New Small Business Basic Life Requirement

May 28th, 2015 in Agent Broker Broadcast

Small Business customers with 2 to 99 eligible lives  will be required to purchase an employer-paid  basic life plan with a benefit of $25,000 or greater to qualify for the basic life Packaged Savings administrative credit beginning with 8-1 new business and medical renewal dates.

All new business quotes for basic life plans will include a reminder that the life plans less than a $25,000 benefit will not qualify for a basic life Packaged Savings administrative credit.

Beginning 8-1 renewals, all active customers that currently have a basic life plan with less than a $25,000 benefit will be offered a proposal at renewal to increase their basic life plan to a $25,000 benefit.  In order to remain eligible for the basic life Packaged Savings administrative credit, groups must increase their basic life benefit to $25,000.

Please contact your TIE Sales Rep or Renewal Rep for more information at 972-991-6500.

UHC / AllSavers 2015 July PDL Changes

May 28th, 2015 in Agent Broker Broadcast

The updates attached below will take effect for the UnitedHealthcare Prescription Drug Lists (PDLs) on July 1, 2015.  Reminder: All Savers changes occur on the actual PDL change date vs. at renewal like on fully insured. Also, for Alternate Funding members, medications are covered under the member’s plan that are not covered under a fully-insured member’s plan.  The medications covered for Alternate Funding members include: Sedatives/Hypnotics, Non-Sedating Antihistamines, and Erectile Dysfunction medications.

If you are unsure of the plan or PDL that applies to your customer, please contact your TIE Account Manager or Renewal Rep at 972-991-6500.

2015 July PDL Changes Flyer

New Rate Caps Announced

May 28th, 2015 in Agent Broker Broadcast

Good news, UnitedHealthcare will offer Benefit Care Ratio rate cap limits for 51-99 fully insured new business sales for select customers in Texas, starting with July 1 effective dates through Oct. 1, 2015!  This means that depending on current claims, new business customers could be protected from a large, second-year rate increase.

2015 51-99 Texas Rate Cap Flyer

UHC New Business Bonus 51-99

May 15th, 2015 in Agent Broker Broadcast

If you qualified for the Retention Bonus, then you may also qualify for the New Business Bonus too!  Any 51-99 eligible groups sold between 7/1 through 12/31/15 will qualify if at least 100 eligible members are sold and the broker qualified for the retention bonus.  Depending on the total enrolled employees sold, you could get a bonus up to $50,000!  Add employer-sponsored or contributory dental coverage to your eligible new business medical case and you could earn an additional $500!

  • 100 – 149 enrolled employees = $2,000
  • 150 – 199 enrolled employees = $5,000
  • 200 – 249 enrolled employees = $10,000
  • 250 – 299 enrolled employees = $20,000
  • 300 – 349 enrolled employees = $30,000
  • 350 – 399 enrolled employees = $40,000
  • 400 or more enrolled employees = $50,000

See below for bonus qualification and eligibility details:

51 to 99 UHC NEW SALES Broker Bonus Flyer

UHC Retention Bonus 51-99

May 15th, 2015 in Agent Broker Broadcast

If you have at least 100 enrolled employees in the 51-99 market, you may be eligible for the UHC Retention Bonus!  Retain at least 80% of your employee base and you could earn anywhere from $10 to $30 per employee come 2016!

The retention bonus applies to groups with 51-99 eligible employees that renew from July 1 through Jan 31 2016.  Brokers with an inforce block of at least 100 enrolled employees in eligible groups as of June 30, 2015 must have an employee retention percentage of at least 80% as of January 31, 2016 to qualify for the bonus:

  • 80.0% to 89.9% = $10 per Enrolled Employee
  • 90.0% to 94.9% = $20 per Enrolled Employee
  • 95.0% or higher = $30 per Enrolled Employee

See below for bonus qualification and eligibility details:

UHC 51 to 99 RETENTION Broker Bonus Flyer

Special Enrollment Period for HealthCare.gov Begins March 15

March 13th, 2015 in Agent Broker Broadcast

The Centers for Medicare & Medicaid Services (CMS) announced on Feb. 20th that a special enrollment period (SEP) for the individual Health Insurance Marketplace will begin March 15  and run through April 30.  The special enrollment period will allow individuals and families who were unaware of the penalty for not securing coverage to enroll in a 2015 plan through the FFM.

To be eligible for the FFM special enrollment period, consumers must:

  • Have paid the penalty for not having health coverage in 2014
  • Not be currently enrolled in a plan on HealthCare.gov
  • Attest that they first became aware of, or understood the implications of, the Shared Responsibility Payment after the end of open enrollment (February 15, 2015) in connection with preparing their 2014 taxes.

Coverage effective dates:

  • Begin on March 15, 2015 and end at 11:59 pm E.S.T. on April 30, 2015. If a consumer enrolls in coverage on or before the 15th of the month, coverage will be effective on the first day of the following month.

Find out if you are eligible to take advantage of the special enrollment period by visiting https://www.healthcare.gov/get-coverage.

For more information, please see the CMS press release or contact your TIE Sales Representative.

Already appointed with GoldenRule? We can help!

January 15th, 2015 in Agent Broker Broadcast

Are you a broker already appointed with GoldenRule?  If so, we can help you with your individual block!
UHOne eStore training is still available!  Learn what you need to know to enroll your clients and how E-Store makes the enrollment process easy, click here.

Not appointed?  Call your TIE Sales Rep today to get contracted!

Joe Sherman………………….972-404-2621
Brad Scheidegger………….972-404-2625
Amanda Wilkinson…………972-404-2619
Paula Johnson……………….972-404-2623
Stacey Priddy…………………972-404-2611

Medical and Specialty Benefits Bonus

October 31st, 2014 in Agent Broker Broadcast

Agents who qualify for the medical bonus and sell either employer or employee paid Specialty Benefits coverages (dental, vision, base life, supplemental life, short-term disability, long-term disability, critical illness or accident) with their fully insured medical groups can also qualify to receive a specialty bonus.

Get the details here – New Sales Bonus for TX and OK Flyer

UnitedHealthcare On- and Off-Exchange Plans?

October 21st, 2014 in Agent Broker Broadcast

Open Enrollment is near and UnitedHealthcare has BIG plans!  Beginning November 15th, FFM certified brokers appointed with UnitedHealth One (UHOne), in states where products are offered, will be able to view On- and Off-Exchange ACA plan offerings, do side-by-side plan comparisons, assist clients with calculating subsidies, apply for ACA plans, and offer clients other coverages like critical illness and dental plans.

Don’t be left in the dark, UHOne E-Store training starts soon!  Learn what you need to do to be ready to enroll your clients and how E-Store makes the enrollment process easy.

Not appointed with UHOne?  Call us today to get contracted for UHc’s NEW ACA Exchange!

Texas Webinar Training Dates:
October 24th @2pm
October 30th @2pm
November 4th @2pm
November 10th @10am
November 14th @1pm
November 18th @10am
November 21st @12noon

For more information, contact your TIE Sales Representative at 972-991-6500.