URL Insurance Group.
Health Plan Options

ALERT FOR THE WEEK OF OCTOBER 24, 2016

This week's Alert covers the following topics: 

  • ACA Individual Market Commission Changes
  • Insurance Department Announces 2017 ACA Rates

ACA INDIVIDUAL MARKET COMMISSION CHANGES


Since the implementation of the Affordable Care Act (ACA) in 2014, high claims experience and unsustainable financial losses have required Highmark to periodically make changes to how we participate in the ACA individual market. These changes are often difficult, as we recognize the impact that they can have on the producer community.


Highmark is making adjustments to plan offerings for 2017. Due to these changes, and the viability of the NEPA ACA individual market, we will be adding a producer commission for most products in 2017. We will pay commissions effective January 1, 2017, on all Silver and Bronze HMO plans. There will be zero commission for Gold and PPO plans.  


The new 2017 commission structure for on- and off-Marketplace will be as follows:

 

PMPM for Silver and Bronze HMOs

Gold HMO and Bronze PPO

 

$6*

$0

PMPM = per member per month

*Maximum of five members per contract


Please do not hesitate to contact your Highmark Individual Sales Channel Consultant with any questions. We appreciate your business and presence in our communities. 


Best regards, 


 AlexisMiller


Alexis Miller

Senior Vice President, Government Markets


INSURANCE DEPARTMENT ANNOUNCES 2017 AFFORDABLE CARE ACT RATES


The insurance commissioner announced the 2017 rates for individual and small group health plans offered in Pennsylvania under the Affordable Care Act (ACA). To view the rates, click here


Click here to view the press release.


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