Specialty Small Business, Key Accounts group renewal adjustments for customers renewing between May 1 and Sept. 30, 2020

One of UnitedHealthcare’s key priorities is to support its customers while they face the unique challenges that have arisen due to COVID-19. To help make it easier for Small Business and Key Accounts customers to retain valuable employee benefit offerings for Dental, Vision, Life, and Disability, UnitedHealthcare is providing renewal adjustments for customers renewing between May 1 and Sept. 30, 2020.

COVID-19 renewal details for groups with 2 to 499 employees

Groups renewing between May 1 and Sept. 30, 2020, will renew at existing rates without rate increases. Please note, renewals occurring between May and July may require retro-active adjustments; customers may see a lower rate on their monthly invoice than what was reflected in their renewal.

Scope

  • Products in-scope for this short-term COVID-19 renewal adjustment include fully insured Dental, Vision, Basic Life, Supplemental Life, Short-Term Disability (STD), Long-Term Disability (LTD), and Supplemental Health (Critical Illness, Accident Protection, and Hospital Indemnity).*
  • Renewal adjustments include UnitedHealthcare and All Savers ® business.
  • State regulatory guidelines may apply.**

* Supplemental Health benefits (i.e., Critical Illness, Accident Protection, Hospital Indemnity) are available for groups with 51+ employees.

** Washington groups in the 2-50 space will be subject to standard renewal rate strategy for Dental and Vision. Florida groups in the 2-100 space will be subject to the standard renewal rate strategy for STD and LTD.

COVID-19 renewal details for groups with 500 to 3,000 employees

Groups renewing from May 1 through Sept. 30 will be deferred until October. The original renewal rate will be applied on Oct. 1 for the remaining contract period.

Scope

  • Products in-scope for this short-term COVID-19 renewal adjustment include fully insured Dental, Vision, Basic Life, Supplemental Life, STD, LTD, and Supplemental Health (Critical Illness, Accident, and Hospital Indemnity).
  • Renewal adjustments include the UnitedHealthcare businesses and fully insured products listed above tied to UMR medical self-funded (ASO) business.