Dickerson Update, December 12 – New 2020 Carrier Bonus Programs

Don’t forget! The deadline for the
Special Enrollment Period is fast approaching.

Special Enrollment runs from November 15 through December 15, 2019 for most carriers.* This period is for groups seeking a January 1, 2020 effective date. No minimum contribution or participation required. Contact your Dickerson Account Executive today for more information!

*Exceptions Apply. Click here for detailed review of SEP deadlines and types of coverage. 

Gear up for 2020 with these bonus programs from carriers!

1/1/20 through 12/31/20 Medical

  • Earn $50 for each new enrolled employee up to 74
  • Earn $100 per employee if you sell to 75 or more total employees

Click here for more details.

10/1/19 through 1/15/20 Medical

  • Earn $50 per employee with groups 10+ enrolled (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 for more details.

6/1/19 through 1/31/20 Medical

  • Earn $50 per enrolled new member for small business Off-Exchange medical plans
    • Earn an additional $50 when a member enrolls in a Trio HMO or Tandem PPO plan as part of the initial sale or during renewal

Click here for more details.

1/1/20 Medical

  • Earn $100 per enrolled subscriber. The bonus is paid for new small groups written direct, through a GA, CaliforniaChoice®, and Covered California for Small Business

Click here for more details.

New 2020 rate adjustment!

Health Net Announces Small Group Rate Changes and Large Group Underwriting Promotion

Health Net released Q2 2020 rate changes for Small Group. Q2 2020 rates for PPO and EnhancedCare PPO plans will have a 1.0% increase, and HMO and HSP will have a 1.4% increase. Rates quoted are pending completion of regulatory review.   

Rates PPO and EnhancedCare PPO HMO and HSP
Q2 2020 +1.0% +1.4%

Health Net also announced an extension date on their Large Group underwriting promotion, Together with Health Net. This promotion will now run from now through 12/31/20. 

Click here for all the details on this promotion.

For more information, please contact your Dickerson Account Executive.

Dickerson’s Michael Wolff and Dave Fear Featured in California Broker Magazine

Be sure to pick up this month’s issue of the California Broker Magazine, where our very own Michael Wolff and David Fear provided their insights on different industry trends.

In this interview, Michael comments on trends impacting Large Group and how to best sell to this market segment. Click here to read more.

With “Medicare for All” being a focal point of the 2020 election, we are left to wonder how this might or can work in the United States. In this piece, David discusses the feasibility of “Medicare for All” and other possible health care delivery systems for the US. Click here to read the full piece.

Supreme Court Set Hears Another ObamaCare Case

On Tuesday, the Supreme court examined another case on Obamacare. The issue in question was government payouts to insurance providers. The federal government has failed to pay insurance companies due to legislative riders added to the Affordable Care Act in 2015. Because of this, many insurance providers have gone out of business. A decision on the case is expected by summer.

Click here to read more.