Blue Shield 3rd quarter rates now available!
We are pleased to announce the Q3 2022 rate book is now available on the dedicated Rates page of Broker Connection. The Blue Shield 3rd-quarter 2022 rate action is a statewide average of 2.4%.
July, August, and September renewals
Groups renewing in July, August, September will be available to brokers through Shield Renewals on Friday, April 8 while group-level changes can be made using Small Group Online Renewal (SGOR) beginning April 13.
Medical plan updates, featuring new plans
Heading into Q3, you’ll find minimal changes to Blue Shield’s existing medical portfolio. This is due to decreased out-of-pocket maximums in many plans, no actuarial value calculator changes resulting in minimal cost share changes, and focus on providing more plan options with a greater value for our members.
Blue Shield has included several new plans in the 2022 medical portfolio, listed below, providing your clients with more options with greater value.
Off-exchange HMO plans:
Bronze 7000/70 Trio HMO
- The Bronze 7000/70 Trio HMO plan for Small Businesses covers professional services at set copayments not subject to deductible. This plan has comparably richer benefits at a lower cost versus rival health plans. Trio HMO Bronze includes integrated pharmacy deductibles, flat copays, chiropractic, and acupuncture coverage. What’s more, Trio comes standard with $0 copayment for virtual medical and behavioral care as well as concierge-level customer support.
- This is an excellent plan for clients looking for cost-effective options with great coverage. Beginning with Q3 2022 enrollments, you will earn an additional bonus for each member enrolling in this plan for both renewals and new group sales. More information coming soon!
Silver HMO 2750/65
- This plan provides a great lower cost option with the richness that a Silver plan offers. Benefits includes flat copays for office visits, tier 1, and tier 2 prescription drugs that are not subject to the deductible.
Off-exchange PPO plans:
Bronze PPO 5500/65 and Bronze 6500/70
- The new bronze plans feature competitive pricing with lower medical deductible and pharmacy deductibles. These plans include first-dollar coverage for primary care, specialist, and mental health office visits, which means immediate access to these benefits.
Contact Rogers Benefit Group for more information on Blue Shield’s third quarter updates and rates.