Anthem Kentucky ChamberAdvantage Product Dues and Bundling Discounts

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Anthem Kentucky ChamberAdvantage Product Dues

Groups that renew their Anthem ChamberAdvantage plan on June 1, 2021, can expect to receive an invoice, from the Kentucky Chamber, for their product dues during the month of July. The product dues charged will be calculated at $4.00 per enrolled employee per month and the dues are based upon the number of employees participating in the plan as of the renewal date each year. The product dues are invoiced annually and must be paid in full within thirty (30) days of receiving the invoice. Should you have any questions, do not hesitate to contact your Cornerstone Broker Advisor.

ChamberAdvantage Bundling Discount Program

Anthem Kentucky ChamberAdvantage invites groups to discover savings on savings when adding dental, vision, life, and/or disability coverage alongside and Anthem ChamberAdvantage medical plan.  See the flyer below for the bundling discount available.  Should you have any questions, please do not hesitate to contact your Cornerstone Broker Advisor.

Click here to access the flyer.

Medical Mutual Update: Six-Month COBRA Subsidy Period Effective April 1, 2021

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The American Rescue Plan Act (ARPA) of 2021 was signed into law by President Biden on March 11, 2021. ARPA introduces a COBRA subsidy period from April 1, 2021, to September 30, 2021, which provides full COBRA premium payments for eligible individuals.

For Medical Mutual groups, COBRA Options is allowing groups to flag members that will be eligible for the subsidy. Once groups have flagged their subsidy-eligible members and the Department of Labor model notice has been released, letters will be mailed to those members. For MHS groups, the MHS COBRA vendor TRAVISOFT is updating its system to allow the MHS COBRA team to run reports of individuals who are eligible for the subsidy to supply to groups for confirmation.

COBRA Options and the MHS COBRA team will continue to collect the standard 2 percent administrative fee from groups. Tax credits should be taken for the full premium amount (including the administrative fee). Members should keep paying their COBRA premium as scheduled and will receive a refund or premium credit.

Medical Mutual does not administer State Continuation.

Contact your Cornerstone representative with any questions.

Humana Multi-Line Group Discount for Kentucky Chamber Association Groups

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Humana offers a multi-line group discount for all Kentucky Chamber Association group sizes and employers having two eligible to 99 enrolled employees who purchase Humana medical, dental and vision benefits.

When a Kentucky Chamber Association group purchases Humana medical, dental, and vision plans, they’ll receive a four percent* discount on their medical plan, allowing them to care for their employees and their bottom line.

Terms and conditions

For the four percent medical discount to apply, all three products (medical, dental and vision) must be selected at the time of sale. The four percent medical discount applies to new business and cannot be combined with other discount offers, and is only available for policies issued in Kentucky. The four percent medical discount is only available to Kentucky Chamber Association Employer groups and having two eligible to 99 enrolled employees. Effective dates of coverage June 2021.

Quick update on the Kentucky chamber: Starting now, Humana will no longer be accepting groups headquartered in Indiana.

Humana HRAE Quote Request Form

Kentucky Chamber Plan Grid 2021

Get Rewarded for Your Sales Efforts with Principals 2021 Bonus Programs

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Principal’s 2021 bonus programs rewards agents for new and retained business.

Production Bonus

The production bonus rewards agents for placing new business. The more you sell, the higher the bonus factor. Agents can qualify for a production bonus based on new sales credits.

Premium Persistency Bonus

The premium persistency bonus rewards agents for placing and keeping business with Principal. The more premium retained, the higher the bonus factor.

Qualifying for the bonus programs

There are more ways to get into our bonus program than just selling our group insurance products. You’ll earn:

  • One new sale credit for each of these qualifying coverages or services:
    • Voluntary or non-voluntary dental, STD, LTD, life, or vision
    • Employer-sponsored individual disability insurance
    • eBenefits Edge Total Management (Total Management) service sold
  • One new sale credit for each of these qualifying coverages:
    • Voluntary accident
    • Voluntary critical illness

Click here to view the flyer for more details.

Contact your Cornerstone representative with any questions.

HHS Announces Reduced Costs and Expanded Access for Marketplace Coverage Under the American Rescue Plan

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The following post was originally published by Healthcare.gov.

U.S. Department of Health and Human Services (HHS) Secretary Xavier Becerra recently announced that additional savings and lower health care costs are available for consumers on HealthCare.gov. The American Rescue Plan (ARP) has increased tax credits available to consumers, helping to reduce premiums and giving consumers access to affordable health care coverage.

The Department also announced an additional $50 million in advertising to bolster the Special Enrollment Period outreach campaign. The campaign will run through August 15, 2021.

“We’re delivering lower health care costs to more Americans because everyone deserves access to quality, affordable health care. Today help is here and millions of Americans can start saving money on their health insurance premiums thanks to the American Rescue Plan,” said HHS Secretary Xavier Becerra. “The Biden Administration is committed to bringing down health care costs for families. Consumers can save money by visiting HealthCare.gov and choosing a plan that works for them and their budget. HHS will be reaching out to encourage Americans to use the Special Enrollment Period to sign up for quality, affordable coverage through HealthCare.gov.”

Premium tax credit calculations for the Marketplaces on HealthCare.gov are now adjusted so that most consumers qualify for more substantial advance payments of premium tax credits. Many Americans on the Marketplaces will see their premiums decrease, on average, by $50 per person per month and $85 per policy per month. An average of four out of five consumers currently enrolled in a plan through HealthCare.gov will be able to find a plan for $10 or less per month with the newly expanded financial assistance under the American Rescue Plan. Additionally, after advance payments of the premium tax credits, an average of three out of five uninsured adults eligible for coverage on HealthCare.gov may be able to access a zero-premium plan and nearly three out of four may find a plan for $50 or less per month on HealthCare.gov.

Current enrollees should review their application, make any changes needed to their current information, submit their application and select a plan, or reselect their current plan, to receive the increased advance payments of premium tax credits for 2021 Marketplace coverage. Consumers who take action in April and confirm updated savings on the plan of their choice will start receiving the savings and lower costs starting with their May 1 premiums.

Consumers who want to enroll in coverage and see if they qualify for more affordable premiums can visit HealthCare.gov or CuidadoDeSalud.gov to view 2021 plans and prices and, if eligible, enroll in a plan that best meets their needs. Additionally, consumers can call the Marketplace Call Center at 1-800-318-2596, which provides assistance in over 150 languages. TTY users should call 1-855-889-4325. Consumers can also find a local assister or agent/broker in their area: Get help applying and more | HealthCare.gov. Eligible consumers can apply through HealthCare.gov through August 15, 2021, to gain access to the Special Enrollment Period to change or update their plan choices.

Click here to review the full press release.

April Updates Regarding Aenta Funding Advantage

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Small Group AFA Admin Credit and Surplus for 10+

Click here to review the flyer from Aetna.

Dual Option Updates

Aetna is now allowing groups in the two to four enrolled space to set-up a dual option. Previously, they only allowed a single plan design for those groups. Groups of 5 or more enrolled can select up to 4 plan designs with no limitations.

New Business Submission Deadline Reminder for AFA

Effective date submission deadlines for April through June 2021 for customers with AFA are as follows:

Effective date

IMQ Elite Submitted

Underwriting quote submitted

Sales notice submitted

All required documents submitted
April 1 3/15/21 3/20/21 4/2/21 4/8/21
May 1 4/15/21 4/20/21 5/3/21 5/7/21
June 1 5/15/21 5/20/21 6/2/21 6/7/21

Contact your Cornerstone representative for more information.

Anthem Indiana ChamberCare Health Alliance MEWA Extended Rate Hold

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Good news from Anthem!

Any Indiana Chambercare Health Alliance (CHA) MEWA cases written with an effective date from May through September 2021 will have an extended rate hold through October 2022. All CHA MEWA plans renew in October, but newly written 2021 cases during this period will not change rates until next renewal cycle.

So that means a case written in May will have 17 months of consistent rates, groups written in June will have 16 months of consistent rates, and so on through September.

This month of April is a prime time to get Indiana groups prepared for May effective date MEWA quotes and submissions!

Contact your Cornerstone representative with any questions.

UnitedHealthcare New Sales Bonus for MEWA and All Savers Level Funded Cases

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UnitedHealthcare is offering a New Sales Bonus to agents who sell new MEWA Ohio Chamber Health Benefit Program and/or All Savers level-funded medical plans having effective dates from May 1, 2021, through June 30, 2021. Agents must sell at least two eligible groups during the bonus period to be eligible for the bonus. Qualifying agents will receive a bonus of $50 for each enrolled employee in eligible medical groups.

Eligible cases are new:

  • MEWA Ohio Chamber Health Benefit Program medical groups;  – and/or –
  • All Savers level-funded medical groups with up to 100 eligible employees

To be eligible, groups must have effective dates from May 1, 2021, through June 30, 2021, and be located in the following areas: anywhere in Ohio; Boone, Campbell and Kenton Counties in Kentucky; and Dearborn, Ohio and Switzerland Counties in Indiana.

Click here to review program details.

Contact your Cornerstone representative for more information.

Humana KY Chamber Bundling Discount Doubled for June 1, 2021

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Good news! Humana will be doubling the bundling bonus when a group elects Humana medical, dental, and vision. The discount will increase from 2 percent off the medical rates to 4 percent off. See below for more information or call your Cornerstone representative.

Double Bundling Discount Flyer

KY Chamber Plan Grid 2021

2–50 HRAE All Lines Request Form 2021

Humana Updated Quote Coversheets

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Please see the attached updated quote coversheets, the first of which is to be used for all level-funded quote requests 2 to 99. The second attachment is a separate coversheet to be used when quoting the Humana Chamber Association in northern Kentucky. If you would like to see both proposals both cover sheets are required. Completing all the information should help to improve response time from Humana on prescreen requests.

Humana 2 to 99 Quote Coversheet

Humana Chamber Association NKY Coversheet

If you have any questions, please contact your Cornerstone broker advisor.

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