Why Sell Principal?
Selling Principal is as easy as 1,2,3! The ancillary carrier provides cost-effective dental, vision, life, and disability options for you and your clients. Principal’s Dental EPO serves as a unique DHMO alternative, with their EPO network providing larger access to care (2-4 times larger).
It’s easy to sell Principal, and it’s available for groups of 3+ lives!
• No DE-9 required
• No First Month’s Deposit Premium required
• No Participation Requirements for any Voluntary Lines of Coverage
• API Integration with Ease Central
With a 5% multiple-product discount available when 3 or more lines are sold, Principal brings lots of benefits to your clients. Start quoting Principal today!
Newsom Proposes Penalty to Fund Health Insurance Subsidies
Governor Gavin Newsom proposes a penalty to fund health insurance subsidies. To pay for health insurance tax credits, the Democratic governor is proposing a tax penalty on Californians who don’t have health insurance — similar to the unpopular federal penalty the Republican-controlled Congress eliminated, effective this year. If Newsom’s $295 million plan is enacted, California would be the first state to offer financial aid to middle-class families who have shouldered the full cost of premiums themselves, often well over $1,000 a month.
“Without the mandate, everybody’s premiums go up,” Newsom said at an event in Sacramento in early May. “Every single person in this state will experience an increase in their costs if we don’t have a diversified risk pool.” To read the article, click here.
California State Assembly Votes to Offer Medi-Cal to Undocumented Immigrants
In a 44-11 vote, the California State Assembly passed legislation that would allow undocumented immigrants to receive health benefits through Medi-Cal. This bill would grant adults who are otherwise eligible for Medi-Cal benefits barring their immigration status access to full-scope Medi-Cal.
If the bill gets through the state Senate and signed into law by Governor Newsom, California would be the first state in the country to provide government-funded health benefits to undocumented immigrants. Providing low-income, undocumented immigrants with Medi-Cal is estimated to cost over $3 billion dollars annually. Under federal law, all state-funded health benefits provided to undocumented immigrants would be ineligible for federal government funding. Click here to learn more.
“Alexa, What’s my Blood Sugar Level?”
Amazon continues its foray into healthcare by equipping Alexa with patient data transmission capabilities. Amazon has partnered with Livongo, a health-tech company that helps patients manage diabetes, to equip Alexa with the ability to transmit blood sugar readings and “Health Nudges” personalized to each individual.
Although telehealth medicine has been touted for its ability to increase access to care at a lower price, some opponents of telehealth medicine argue that this new model for care is impersonal and potentially less effective than traditional delivery of care. Click here to learn more.