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Health Net Q4 Update

Jul 27, 2018
Category
Carrier News

Health Net’s  statewide average Q4 over Q3 rate changes are:

  • A –2.8% decrease for Full HMO plans and a –1.5% decrease for Limited HMO plans
  • A 0.6% increase for PPO HSA plans
  • A -4.7% decrease for limited PPO (ECPPO) plans
Product Update

Health Net is expanding CommunityCare HMO plans into Region 19, San Diego. They are also expanding their PPO offering with 6 new plans: 3 new EnhancedCare PPO plans and 3 new Full PPO plans. The new PPO plans in both Full PPO and EnhancedCare PPO portfolios are identical, bringing it down to 3 new plan designs. Health Net will continue to allow groups to mix and match all HMO networks without pairing restrictions.

New Full PPO
New EnhancedCare PPO (ECPPO)
Expansion of CommunityCare HMO into Region 19, San Diego
Health Net Platinum 90 PPO 250/15 + Child Dental Alt Health Net Platinum 90 EnhancedCare PPO 250/15+ Child Dental Alt CommunityCare HMO  Gold $5
Health Net Gold PPO 1000/30 + Child Dental Alt Health Net Gold 80 EnhancedCare PPO 1000/30 + Child Dental Alt CommunityCare HMO Silver $20
Health Net Silver 70 PPO 2000/55 + Child Dental Alt Health Net Silver70 EnhancedCarePPO  2000/55 + Child Dental Alt CommunityCare HMO Bronze $45
Underwriting Reminder

Salud plans can be sold with 2+ enrolled with no participation percentages to hit and no waivers. Salud plans can be sold alongside plans from other carriers. Enhanced Choice B PPO Package Promos:

  • There is 35% Relaxed Participation for groups of 6+
  • Groups of 10+ can submit an attestation form in lieu of a prior carrier bill, DE-9C, and payroll
  • Groups of 6+ can submit a prior carrier bill in lieu of a DE-9C. Waivers are required.

Broker Bonus There is a $100 per-member bonus with no limit for new business whether the broker uses a GA or not.

Contact your LISI Regional Sales Manager to learn more.

Tags
Health Net

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