Anthem Offers New Broker Bonus Program!
Anthem Blue Cross is offering a new broker bonus program, effective 10/1/19 – 1/15/19. Starting with October 1 medical cases, Anthem will pay $50 per member for all 10+ subscriber groups.
Previously, Anthem announced a broker bonus program for its ACE Agents with a 7% commission on 10+ groups. Please note that ACE Agents are not eligible for this Bonus unless they want to forgo the 7% Commission program and elect to take the $50 Per Member Bonus. Click here to learn more about this bonus plan.
Anthem also shared that its 2019 HMO, EPO and PPO Medical plans will offer the first three visits with Live Health Online for free. This means that any newly enrolled group or renewed (effective 1/1/19 or later) has this benefit available. Live Health Onlineconnects members to a doctor 24 hours a day, right from their computer, tablet or smartphone, to address non-emergency health issues. Please note that this benefit doesn’t apply to groups still on 2018 benefit plans or any members enrolled on HAS plans.
Finally, Anthem finalized its contract with Stanford Health Care. Initially, the contract between Anthem and Stanford terminated on September 1, 2019. Through ongoing discussions, they negotiated a successful, new multi-year contract that is retroactively effective to September 1, 2019.
Anthem will notify members who received a termination letter with the exception of ASO members who belong to employer groups who wish to excluded from the mailings.
Stanford includes the following:
• Stanford Healthcare (050441)
• Lucile Packard Children’s Hospital (053305)
Medical Groups (PPO only)
• University Healthcare Alliance Medical Group
• Lucile Packard Medical Group
• Stanford Healthcare Medical Group
For more information on Anthem, please contact your Dickerson Account Executive.
Covered California: You Can Now Process Terminations on MyCCSB Portal
Covered California announced new enhancements to the MyCCSB portal, which now allows you to process employee and dependent terminations.
You can count on this and many other features and benefits of the MyCCSB portal, such as:
• Initiate the employer/employee application process
• View current book of business on the dashboard
• Access employer dashboard access
• Access to employer invoices
• Review employees’ eligibility status and carrier assignment
• View eligibility transactions
• Process Terminations and Upload Change Forms for Employee
• Access Carrier Member
For more information, please contact your Dickerson Account Executive.
Purdue Pharma Bankruptcy: Implications for Opioid Crisis
Last week, Purdue Pharma filed for Chapter 11 bankruptcy, which many people viewed as an attempt by the company and the Sackler family (owners of Purdue Pharma) to shirk responsibilities on current and potential lawsuits. This bankruptcy filing put an immediate freeze on more than 2,000 lawsuits against the company nationally, and Purdue Pharma wants these protections to extend to the Sacklers.
However, about half of the claimants involved in the suit rejected the settlement and also want to pursue legal action against the Sacklers, who transferred one billion dollars to overseas accounts over the past few years. Entities who rejected the settlement want to hold the Sacklers more accountable for their role in the opioid crisis and get monetary damages from them. How the litigation between claimants and Purdue Pharma plays out is likely to set the standard for settlements against other manufacturers of addictive opioids.
Click here to read the entire story.
Health Insurance Costs Surpass $20,000 Per Year
According to an annual survey of employers, family health coverage costs in the U.S. have reached over $20,000, a record high that has pushed a number of American workers into plans that cover less, cost more, or force them out of the insurance market entirely.
Although employers pay most of the costs of the average, on average workers now pay$600 for a family plan. This is simply a share of the upfront premium cost, not including co-payments, payments, deductibles and other forms of costs once they need care.
“It’s as much as buying a basic economy car,” said Drew Altman, Chief Executive Officer of the Kaiser Family Foundation, “but buying it every year.” The nonprofit health research group conducts the yearly survey of coverage that people get through work, the main source of insurance in the U.S. for people under age 65.
To read this article, click here.