Special Enrollment Period, Vivity by Anthem, CaliforniaChoice Updates, Kaiser Bonus, IRS Adjusts FSA For 2023, Updates, News & More

DICKERSON WEEKLY UPDATE

Special Enrollment Period

The Special Enrollment Period is from November 15th – December 15th for coverage starting January 1st. The Dickerson team is here to get you through the busy season! Our Account Executives and Customer Service team are dedicated to making the process easier for you and your groups!

Click here for SEP submission guidelines and deadlines!

Vivity by Anthem

Anthem’s Vivity HMO network has several of the top-ranked health systems! Members have access to some of the best hospitals, doctors, and specialists at one of the lowest premiums in LA and Orange counties.

Vivity offers unique features on “referrals” for highlights on their referral program view the Vivity Simplified Referrals flyer here.

Get 6% commission on new medical business for the life of the case when you sell any new Small Group with 8 or more enrolled employees for October 2022 to January 2023 effective dates!

Anthem had minimal to no rate increases for Q4 and Q1 so they are competitive. They can be paired alongside other HMO carriers due to their relaxed underwriting guidelines!

Contact your Dickerson Sales Rep for more information!

CaliforniaChoice Updates

CaliforniaChoice launched their Member Marketplace, a selection of supplemental products available to all CalChoice subscribers. The Member Marketplace pays you a 5% commission whenever your groups’ members enroll in the products: Accident, Critical Illness, Hospital Indemnity Insurance, and Legal Plans.  Click here to view the brochure.

ChoiceBuilder has a Life option! ChoiceBuilder is a great option for employer-sponsored or voluntary Ancillary benefits. Clients can choose Dental, Vision, Chiropractic, and Acupuncture. Now clients can choose from two employer-sponsored Life Insurance plans from Assurity Life and MetLife. Click here to view the ChoiceBuilder Fast Facts brochure.

Kaiser Broker Bonus

Increase your earning potential with Kaiser’s broker bonus program! For all new small groups sold effective December 1, 2022, through January 1, 2023, take home a $100 bonus per enrolled subscriber. This bonus is payable for new small groups written through a General Agency! This bonus is on top of your regular commission and standard broker rewards.

Click here to view the Kaiser Broker Bonus flyer

Contact your Dickerson Sales Rep for more information!

IRS Adjusts Health Flexible Spending Account and Other Benefit Limits for 2023

The IRS released Revenue Procedure 2022-38, which increases the health flexible spending account (FSA) salary reduction contribution limit to $3,050 for plan years beginning in 2023, an increase of $200 from 2022. For Health FSAs with a carryover feature, the maximum carryover amount is $610 (20% of the $3,050 salary reduction limit) for plan years beginning in 2023.

Click here to read the whitepaper.

DICKERSON INDUSTRY NEWS

More People Will Be Eligible For Health Insurance Through Covered California

Hundreds of thousands of Californians previously shut out of Covered California soon can participate because the eligibility requirements are changing. Click here to read the full article.

 

Bright Health Group Announces It Will Withdraw From The Individual Market In All States At The End Of 2022

Bright Health Group will withdraw from the individual markets in California and other states, to focus on other portions of its business. Bright HealthCare will provide coverage for all of their enrollees through 2022. Click here to read the full article.