Feb 05, 2019
Blue Shield of California is focusing on keeping health care costs as low as possible, which is reflected in their rate actions for Q2 1019:
- A 1.5% PPO rate increase, for a 3.5% annualized increase
- A 1.6% HMO rate increase, for a 0.4% annualized increase
- A 2.7% average annualized rate action
Blue Shield is also making notable updates to their dental plan portfolio with 25 new choices for small businesses. With these options, you'll find their plans even more competitive, with appealing dental plan solutions for each of your small business accounts:
- 11 new PPO plans with lifetime maximum ortho benefits that match the annual maximum amount, and non-network reimbursement on most UCR plans in the 80thpercentile
- 13 new PPO plans with the same benefit design as their current plans offered with the Dental Smile Rollover RewardsSM Plans with Rollover Rewards will be closed to new business, but will still be available for groups that already offer them. These 13 new plans will be available at a lower rate than the comparable plans with Rollover Rewards.
- One new dental HMO plan, filling a gap between offerings, for a complete suite of DHMO options.
Blue Shield’s dental networks are among the largest in the state, with over 45,000 providers. As a reminder, groups with medical coverage can add dental plans and/or vision plans at a 10% lowered premium than for stand-alone options.
Contact your LISI Regional Sales Manager for Blue Shield selling strategies.
