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Login To PrismIs Blue Shield allowing employer groups to change plan selections off-cycle to accommodate revenue and workforce reduction due to COVID-19?
Small Business (1-100): Blue Shield will allow a one-time buy-down (leaner plan design with lower premiums) change off-cycle for employers and employees to adjust their health plan selection to meet their current needs. Buy-down selections must be consistent with the current plan type offered by the group: PPO plan to PPO plan or HMO plan to HMO plan.
Note: rates for employees who choose a buy-down plan off-cycle will be based on the age of the member at the time of the change.
As a reminder, specialty benefits – dental plans, vision plans, and life insurance – may be added at any time.
There may be a more recent answer to this question. Contact Claremont for an update.
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