Posted on August 7, 2020
Gov. Phil Murphy signed a law Friday that imposes a 2.5% tax on health insurance companies that will help pay the premiums for people who rely on the marketplace created by the Affordable Care Act to shop for coverage. Click on the links below for articles with more details regarding this new law. NJ.com: Murphy… Read More
Posted on August 4, 2020
See below Brief Notes regarding Horizon’s new, in-network home-delivery pharmacy option: PillPack by Amazon Pharmacy Applies to: Individual, Small Group and Mid-size Markets New, In-Network Home-Delivery Pharmacy Option: PillPack by Amazon Pharmacy Horizon Blue Cross Blue Shield of New Jersey (Horizon BCBSNJ) pharmacy members now have access to a new home-delivery option from PillPack by… Read More
UHC/Oxford has advised that they are extending many of the COVID-19 temporary program, process and coverage changes for in-network care through October 22, 2020 for both UHC and Oxford as follows: Federally mandated temporary coverage changes that apply to all group medical plans through October 22 include: COVID-19 Testing: Cost share waivers for COVID-19 diagnostic… Read More
Posted on July 28, 2020
Correction On Mid-Month Member Premium Calculation Rule Regarding New Jersey Large Groups Oxford has advised that they need to correct their initial communication to us. The new mid-month calculation rule DOES NOT APPLY TO NEW JERSEY LARGE GROUPS. Large Groups will continue to use the current mid-month calculation rule and only New Jersey Small Groups… Read More
Posted on July 17, 2020
UHC/Oxford has advised of the following new broker bonus program: Eligible medical groups include New Jersey fully-insured and level-funded plans with up to 100 eligible employees Bonus period effective dates are 8/1/20 through 12/31/20 Broker must sell a combined total of at least 25 enrolled employees in eligible groups during the bonus period to qualify… Read More
Posted on July 15, 2020
Cigna has advised that they will apply an experience credit to the April 2021 bill to ALL eligible, fully-insured guaranteed cost clients. The experience credit will be at least 10% of clients’ average monthly medical premium during the 2020 calendar year. Here are details of how the credit will be applied: The final percentage credit… Read More
Horizon has just advised of a very exciting Large Group (100+) broker bonus as follows: Starting with 8/1 effective dates and throughout the end of the year $30,000 broker bonus for new business (100+) cases applicable to the first 10 cases sold in that space We have also been advised of a correction on the… Read More
Posted on July 8, 2020
Horizon BCBSNJ has just advised of a new Broker Bonus Program as follows: Effective 8/1/20 through the end of the year Applies to any 51-99 group sold Broker will receive a flat bonus of $1,500 for any group sold (51-99) with up to 24 enrolled Broker will receive a flat bonus of $3,000 for any… Read More
Posted on July 6, 2020
Click here to download a PDF of the updated COVID-19 Resource Guide. Key updates are as follows: Extending the date from June 30, 2020 to August 31, 2020, for: Waiving the actively at work requirement (see page 19) Enabling furloughed employees to remain on a group health plan (see page 20) Waiving a group’s waiting… Read More
Posted on July 2, 2020
See below from Empire Dear trusted partner, We continue to look for ways to provide support and financial relief to you and your employees during the COVID-19 emergency. Shelter-in-place orders across the country have caused significant disruptions to traditional patterns of care. As a response to these challenges, we are supporting our customers by issuing… Read More