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March 2022 Broker Newsletter

Sunday, March 13, 2022 | Posted in Broker News & Webinars

Anthem Inc.'s Name is Changing

Anthem, Inc., has filed a preliminary proxy statement to change its name. The new name, pending shareholder approval in May, will be Elevance Health. This change will have no impact or changes to their plans, coverage, or level of support. They will continue to do business in many states, including Virginia, as Anthem Blue Cross and Blue Shield. Click here to learn more.

"Elevance Health is the combination of elevate + advance to convey our commitment to innovation and our pursuit of moving health forward — elevating the importance of whole health and advancing health beyond healthcare for consumers, laddering up to our purpose of improving the health of humanity." - Anthem

International Student Plans from IMG

Most universities require international students to obtain medical coverage during their studies in the U.S. IMG products meet many schools’ coverage requirements and can be less expensive alternatives to university-sponsored health plans.

Two plan options include the Patriot Exchange Program and the Student Health Advantage.

Click here to learn more!

UHC Participation Change for 1-50 Groups

Please note the following change to the UnitedHealthcare participation requirement for fully insured 1-50 size groups for June 1, 2022 and later effective dates. A minimum of 75% of eligible employees must participate after valid waivers have been accounted for. Valid waivers include Tricare, CHAMPUS, spousal, dependents under 26 on parents' coverage, Medicare, and Medicaid.

Please let our team know if you have any questions regarding this change. 

Cigna Dental Vision Hearing Plans Launch Event

Cigna Individual and Family Plans (IFP) is excited to announce new Dental Vision Hearing (DVH) plans available to sell beginning May 1, 2022. Learn more during their virtual launch event. 

Click here to register!

 

The information herein should not be construed as legal or tax advice in any way. This content is provided for informational purposes only. You should seek the advice of your attorney or tax consultant for additional or specific information.