UnitedHealthcare Launches Expansion Of Pharmacy Discounts

UnitedHealthcare recently announced that they will expand pharmacy discounts to more than 7 million people enrolled in UHC fully insured commercial group benefit plans when they fill prescriptions through retail pharmacies or home delivery.

This program, beginning January 1, 2019, is designed to lower out-of-pocket costs by providing consumers with savings from pharmacy manufacturer rebates at the time of purchase.

Click here to view the full release.

IRS Releases New Revisions to Benefit Limits for 2018

Changes effective the beginning of 2018…

On March 5, 2018, the IRS released Revenue Procedure 2018-10. The bulletin contains a change affecting contributions to Health Savings Accounts (HSAs), in effect decreasing the family maximum HSA contribution limit from $6,900 to $6,850.

  • The change is effective January 1, 2018, and is for the entire 2018 calendar year.
  • The self-only maximum HSA contribution limit remains unchanged.
  • Current 2018 HSA contribution limits are $3,450 (self-only) and $6,850 (family).
  • All the other contribution limits, HDHP limits and out-of-pocket limits remain the same for 2018.

The IRS typically adjusts the HSA limits for inflation each year approximately six months before the beginning of the impacted year. As a result of the new tax law enacted December 22, 2017, the annual inflation adjustment factor changed from the Consumer Price Index (CPI) to a new factor called “chained CPI,” used to calculate benefit-related inflationary adjustments. The new bulletin supersedes limits set back in May 2017.

Read all changes from the recent Bulletin here:

IRS Bulletin IRB 2018-10, March 5, 2018


Still have questions? Contact Cornerstone today!

UHC Has Updated Their Employer Applications For 1-50 And 51+

UHC has released the new Ohio employer applications for groups 1–50 and 51+ (below). UHC will continue to accept the current Employer application through 6/15/18 effective dates, but on or after 7/1 effective dates, the new employer applications must be used.


Employer Application for OH Groups 1–50

Employer Application for OH Groups 51+

A Reminder To Brokers With Clients In The Anthem SOCA MEWA

This is a reminder to brokers with clients in the Anthem SOCA MEWA.

Remember that this plan has chamber dues billed separately from premiums as a requirement to participate in the plan. A separate invoice is billed once a year upon installment and then each renewal. The SOCA Benefit Plan renews each May. The SOCA BP is receiving many calls from new groups asking about the invoice and why they owe this fee. It is important the group is aware of these dues prior to receiving the invoice. (I’m sure many of them forget or don’t realize it is separate from premiums.)

Please remind your clients in the Anthem SOCA MEWA about the $4 PEPM invoice due upon installation and at renewal. For new groups, the amount is based on the number of employees enrolling in the plan the $4 PEPM rate will be prorated to the 5/1 renewal date. Billing is sent direct to groups from the SOCA BP within three weeks of a new installation effective date. Then, at renewal, the SOCA MEWA  reviews enrollment and bills the annual fee. This year, the billing will go out around the third week in May. Product dues are invoiced separate from health plan premiums but must be paid by the Participating Business, in full, within thirty (30) days of receiving the invoice.

Payments can be mailed (payable to the Southern Ohio Chamber Alliance), phoned, or paid online. For online payment groups may visit www.joinsoca.com and then click on the button that says “Pay Product Dues”. Once they are on the landing page, they simply enter the name of their organization, the invoice number, and the amount of payment.

Failure to comply with the Plan’s rules and requirements may result in the Participating Business being terminated from the Plan.