Oct 15, 2020
Blue Shield is applying a one-time premium credit to help ease the financial strain customers are facing. The credit will be a percentage applied to one month’s premium.
Premium credits will only be applied toward premiums for the following market segments:
- Medicare Supplement medical, dental and/or vision plan subscribers
- IFP dental plan and/or vision plan subscribers
Note: IFP medical plans are not included in this program
- Fully-insured employer group medical, dental and/or vision plan employers
Exception: Flex-funded groups are not included in this program
The credit will be shown on customers’ November billing statement, whether received electronically or in the mail. Exception: On-exchange small business groups (CCSB) will have credits applied to their December bills.
The Premium Credit Program will apply a one-time credit of 10% on monthly medical premiums and 30% credit on monthly dental and/or vision premiums. The credit will be calculated based on the customer's October premium.
Blue Shield will apply these percentages for all customers eligible to receive premium credits through this program, as described above. There may be some variance in the exact percentage for some customers, resulting from plan changes or enrollment changes close to the beginning of the November billing cycle (and the December billing cycle for CCSB).
Contact your LISI Regional Sales Manager for more information.
