Return to Univera Brokers News

Department of Financial Services (DFS) Guidance Regarding Rate Guarantees and New Business Discounts

Because the DFS guidance may impact your business with us, we’d like to provide some additional information: 

  • The guidance only applies to non-Medicare, comprehensive, fully insured medical commercial products. 
  • The guidance prohibits the application of rate guarantees to any new plan year following the issuance of the guidance. This means we will be unable to honor any rate guarantees that we have previously committed to. We value our continued partnership with you and remain dedicated to keeping premium rates as low as possible. 
  • The guidance does not impact our broker incentive program. Univera Healthcare will continue to incent our brokers based on the number of renewals, consistent with the incentive program. 

 A PDF copy of the Guidance Regarding Rate Guarantees and New Business Discounts can be found below. 

 For additional information, please contact your Account Manager. 

 Univera Healthcare is committed to helping people in our communities live healthier and more secure lives through access to high quality, affordable health care. 

DFS Guidelines open a pdf  

 
 
RELATED NEWS:
Changes To Member ID Cards Coming In April

MDLIVE Partnership

Tools To Help Members Make The Most Of Their Health Plan

UPDATE: Employee Benefits Security Administration (EBSA) Disaster Relief Notice 2021-01

Employee Benefits Security Administration (EBSA) Disaster Relief Notice 2021-01

CATEGORY:

Univera

Broker

Broker Specific

Midsize & Large Business

Script for Univera Broker News Archive/Article