Q2-2024 Updates

Here’s a summary of the changes for the second quarter of 2024:

Rates

• Rates are now available through PRISM, our free and easy online quoting system.
• The Q2-2024 rate action is a statewide average of 2%.

Medical Plans

• Reminder: 2 new Virtual Blue^SM plans are available:
  - Virtual Blue Platinum Tandem PPO 250/20
  - Virtual Blue Silver Tandem PPO 2700/75
  Virtual Blue plans are now offered on all 4 metal tiers.
• There are minimal portfolio and plan changes for 2024.
• The 2024 medical plan names have been mapped to the 2023 plan names.
• More information is available in the Medical Plans at a Glance, Medical Plan Cheat Sheet, and Medical Sales Guide.

Dental and Vision Plans

• Reminder: 13 DPPO plans and one DINO plan have been withdrawn from the Specialty portfolio.
• Reminder: EyeMed is the new vision network provider, replacing MES Vision.
• Portfolio changes include optometric out-of-network (OON) visits that match ophthalmologic cost share, increased eyeglass frame allowance for OON and updates to contact lens benefits.
• For details, download the Specialty Sales Guide.

Bonus Programs and Promotion

• Small Business Incentive Program is in effect from February 1, 2024 through January 31, 2025.
• Renewal Rewards Program is through January 2024.
• Bundled Savings Program is a perpetual program.

Get the details and access the resources. Contact us today for a Blue Shield of CA quote.

Webinar: 2023 ACA Filing - The Keys to Doing It Right

If your clients have 50 or more full-time (FTE) employees, they must report health insurance coverage information to the IRS by April 1, 2024. Join this informative webinar to learn everything you need to know about the Affordable Care Act (ACA) reporting requirements and deadlines for 2023.

Led by ACA expert Joe Aitchison, this webinar will cover key filing details, common mistakes, and what employers need to do if they receive an IRS penalty notice. You'll also get helpful tips for both first-time and experienced filers.

Details:

• Date: January 10, 2024
• Time: 11:00 am to 12:30 pm PT

This course is approved for 1.0 HRCI and 1.0 SHRM-CP advanced credits (live attendance only). Register to attend now!

Regional Sales Manager

Are you an experienced sales professional in group benefits or do you know one? Learn about the position and apply here.

Get The Latest News with Text Messaging!

Your success is important to us, and we’re actively working on new solutions to support you throughout the year. To get the latest news via text messaging in the future, simply provide your cell phone number here.

As always, we'll keep you informed about healthcare issues and news affecting you and your clients. Our knowledgeable team is here to help you succeed.

Questions?
Contact The Answer Team at 800.696.4543 or info@claremontcompanies.com.