Oscar Raises $165 Million for Technology and Expansion

Oscar Health has raised $165 million in new funding in a round led by Founders Fund, with participation from two branches of Google’s parent company Alphabet: the Capital G growth investment arm, and the Verily life sciences segment. The money was raised to invest in their technology platform and accelerate expansion.

Click here for more information.

 

ADDITIONAL RESOURCES

Oscar Health, Josh Kushner’s health insurance start-up, raises $165 million from Alphabet and others

Oscar Health Raises $165M For Multi-City Obamacare Expansion

NW Ohio Health Underwriters Annual Products Fair

On April 11, 2018, NW Ohio Health Underwriters is hosting their annual Products Fair with 4 CEs.

Click here to register.

(Register by Friday, April 6, 2018)

 

Wednesday, April 11, 2018

St. Lukes Hospital | Auditorium A & B

5901 Monclova Rd.

Maumee, OH 43537

 

NWOAHU Members: $35.00

Non-Members: $70.00

 

Cost to attend includes continental breakfast, lunch and CE’s.

Advanced registration is required.

 

Click here for more information.

SAVE THE DATE: CE Opportunity Available in Dayton, OH

Join Cornerstone and Principal’s Michael Broderick for a CE class in Dayton, Ohio, discussing provisional basic and long-term disability design consideration for unique groups.

May 1, 2018 | 10:00 am–12:00 pm

Yankee Trace

10000 Yankee Street

Centerville, OH 45458

Click here to register.

 

Contact your Cornerstone representative with any questions!

Anthem’s MA Network Now Includes District Hospital

Effective April 15, 2018, Anthem Blue Cross and Blue Shield has added Highland District Hospital to their Anthem Medicare Advantage (HMO and PPO) network.

 

Contact your Cornerstone representative for additional details.

CE available From UHC for Group Brokers

One hour of CE is available from UHC for Group Brokers in Northwest Ohio.

  • Discover UHC’s new innovative health care programs,
  • Learn about Integrated Benefits for the Global Workforce (earn 1 CE credit), and
  • Network with your UHC colleagues, industry experts, and our Ohio senior leadership team.

 


Tuesday, April 24

3:00 p.m. — Registration

​3:30 p.m. — Meeting followed by a cocktail reception

Renaissance Toledo Downtown Hotel

444 N. Summit Street | Toledo, OH

Click here to register.

For more information, click here.

Learn More About the Anthem Cornerstone Vision Plan!

Open Enrollment Announcement

March 26, 2018, through April 30, 2018

Great news! We have once again secured a rate hold on the Anthem Cornerstone Vision Plan with the rates now expiring on 03/31/2021. Any group currently enrolled with Anthem Cornerstone Vision Plan Group #172197 is approaching the open enrollment period. Any enrollees added between March 26, 2018, and April 30, 2018, will become effective on the vision plan April 1, 2018.

 

How to enroll employees on to the vision plan:

1. Employer Access Website

  • Online Employer Access is available to add, change, or delete employees—please see attached flyer for set up instructions.
  • When adding enrollees online please select the correct vision plan. See attached vision rate sheet to confirm the vision plan.

2. Fax Application to 1-513-629-9151

**Make sure to include the group number and the 4-digit sub group number (Ex: 172197-0087)

 

Customizable Benefit and Pricing Summary

GREAT NEWS: Aetna’s Medicare Supplement Plan N Commission Increase and Rate Decrease

Aetna will be increasing commissions on the qualifying Medicare Supplement premium for Plan N policies issued in AL, IN, KS, KY, MD, MI, MT, OH, SC, VA, and WV, effective March 19, 2018. The increase will apply for the first six policy years; with no change to the rate payable in policy year 7 and throughout the life of the policy. The new rate only applies to underwritten or open enrollment Plan N policies.

You can view and download a copy of your revised schedule of commissions here.

In addition, Aetna has received approval for rate adjustments on individual Medicare Supplement Plan N polices currently available in OHIO effective May 1, 2018. The rate adjustments percentage varies by age. Most of these adjustments are rate decreases.

View the new rate adjustments for Ohio.

Contact your senior service representative for more information!

Introducing Cornerstone’s Newest Med Supp Carrier: GPM Health & Life

Cornerstone is pleased to announce our newest Medicare Supplement partnership, GMP Health & Life! GPM was founded in 1934 and initially focused on serving military personnel. They added Medicare Supplements to their portfolio in 2010. The product is reinsured and administered by Mutual of Omaha.

GPM Health & Life Highlights:

  • Plans A, C, D, F, G, and N
  • History of single-digit rate increases (GPM Life)
  • 7% Household Discount
  • Brokers are eligible for a FREE 5,000-piece postcard mailer every 6 months (postage not included)
  • Competitive commissions (lifetime renewals in some states—not available in Ohio or Indiana)
  • All agent state licensing fees are paid by GPM
  • A simple online application process
  • First carrier to offer reduced rate Plan G

Contact your senior service representative to get contracted today!

 

RATE COMPARISON:

ZIP CODES 430-435, 437-439, 446-449, 455-458
  PLAN G PLAN N
  FEMALE MALE FEMALE MALE
AGE 65 99.56 114.50 84.39 97.05
AGE 68 101.52 116.75 86.27 99.20
AGE 70 109.82 126.29 93.32 107.31
AGE 75 131.44 151.16 111.68 128.44

 

ZIP CODES 450-454, 459
  PLAN G PLAN N
  FEMALE MALE FEMALE MALE
AGE 65 109.52 125.95 92.83 106.75
AGE 68 111.67 128.43 94.90 109.12
AGE 70 120.80 138.92 102.65 118.04
AGE 75 144.58 166.28 122.85 141.28

 

ZIP CODES 436, 440-445
  PLAN G PLAN N
  FEMALE MALE FEMALE MALE
AGE 65 114.50 131.68 97.05 111.61
AGE 68 116.75 134.27 99.21 114.08
AGE 70 126.29 145.23 107.31 123.40
AGE 75 151.16 173.84 128.43 147.70

 

Attend Cornerstone’s Lunch ‘n Learn with UCT in Cincinnati!

Cornerstone and United Commercial Travelers of America (UCT) will be hosting a Lunch ‘n Learn event to discuss UCT’s NewGeneration Dental, Vision, and Hearing Insurance.

The NewGeneration plan is designed to help meet costs from reduced health benefits, complete loss of benefits, or price increases.

DATE: Wednesday, April 4

TIME: 11:00 am–1:00 pm

LOCATION: Cornerstone Cincinnati Office | Media Center

2101 Florence Avenue | Cincinnati, OH 45206

REGISTER

*Lunch will be provided for attendees

Plan Highlights:

A UCT Dental, Vision, and Hearing Policy could cover a pair of digital hearing aids for as low as $200 out-of-pocket.

    • Choose your own dentist or doctor—NO NETWORKS!
    • Deductible choices—$0 or $100 annually
    • Benefit choices: $1,000, $1,500, $2,000, or $2,500 every year
    • Offer a household discount
    • Ages 0–75 are eligible
    • Children’s policies are available
    • Simple application and fast to issue

THP Makes Updates to Liberty Dental Provider Network.

The Health Plan has improved its Liberty Dental Provider Network. Click here to view the complete directory. They have also provided (for agent use only) a covered dental code sheet for D-SNP plan members.

 

RESOURCES

Updated Liberty Dental Sales Information