Jul 07, 2022
Fourth quarter rates now available
The Blue Shield Q4 2022 rate action is a statewide average of 2.9%.
Blue Shield strives to keep rate averages consistently low, but because of a variety of factors, such as the impact of recent legislation and investing in transformative health care to name a few, you will see a slight increase in rate action in Q4.
October, November, and December renewals
Groups renewing in October and November will be available to brokers through Shield Renewals on Monday, July 11* while group-level changes can be made using Small Group Online Renewal (SGOR) beginning July 14.* Groups renewing in December will be available on Tuesday, August 23* while group-level changes can be made using beginning August 30.* To review exact renewal and enrollment dates for Q2, plus enrollment materials and updated rates books, visit the Blue Shield Renewal Center page on Broker Connection.
You can also access this new Broker Renewal Guide as a checklist to support your group renewals.
As a reminder, group renewal information is available as a microsite for each group, and these can be accessed through Shield Renewals. No download is required; you can open the site, find the information you need, and send the link or selected components to your clients.
You can also access the medical choice chart, which provides you information about your clients current and new plan rate, and the option to buy up or buy down and if Trio or Tandem is available. The choice chart will include the rate differential if you choose to move your client.
* Dates subject to change.
