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05.02.2013
Introducing MyCoverage Selector (UPDATE)
CBC enhances their private exchange. Effective for 7/1/13 new business and renewals, for groups with 20+ enrolled members follows a defined contribution model. Upto 14 medical, 3 Rx, 3 dental, and 2 vision products with a 45 day setup.
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12.27.2012
Pet Insurance Mailing for Large Groups
CBC advises that they will be doing a mass mailing to all large prospect groups regarding the availability of pet insurance. You can view the Pet Insurance mailer in the attached or on the Value Added section of this CBC section.
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12.27.2012
Electronic Payment Enhancements
CBC is excited to introduce 3 new electronic payment enhancements for their individual Medicare, non-Medicare individual, and group clients. These enhancements will help streamline bill payment and reduce delays.
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12.27.2012
Underwriting Guideline Changes for 2013 (UPDATED)
CBC previously released their 2013 UW guidelines back on 11/7/12. Since they have made several updates due to changes within their organization not necessarily change in their rules; example, inclusion of MyCoverage Selector and CAAC verbiage.
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11.29.2012
HSA Rx Snippets incorrect for January 2013
CBC advises that the Rx snippets their HSA plan alternatives on their January 2013 renewals were incorrect. They were not updated to reflect the 2013 Rx changes. Please make sure that your groups are aware of the 2013 Rx design.
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11.21.2012
Dexilant will have Enhanced Prior Authorization
Effective 1/1/12, Dexilant, a proton pump inhibitor, will be moved to the secodn step of CBC's Enhanced Prior Authorization rule. This means members must try Dexilant, Aciphex, or generic PPI before a non-preferred PPI is issued.
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11.21.2012
Commercial Two-Tier Generics for 2013
Beginning 2013, CBC will change to a 2 tier generic formulary (preferred and non-preferred); thereby making their formulary a 4 tier product. This change is mandatory for SG, but will be voluntary for large group.
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11.21.2012
Autism Maximum Benefit Adjustment
The maximum Autism benefit is being adjusted from $36K to $37080 beginning 1/1/13. There will be no rate impact associated with this adjustment. This adjustment will be made to all groups (fully & self insured)
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11.15.2012
2013 HSA COLA Adjustments (REMINDER)
REMINDER: CBC re-released an update to prior release regarding the 2013 HSA COLA adjustments. The update includes increased minimum deductible amounts. As a result, their PPO HSA 1200Q will no longer be considered qualified.
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11.15.2012
Introducing MyCoverage Selector
CBC announces their private exchange. Effective for 2/1/13 new business and renewals, for groups with 51+ eligible/enrolled clients follows a defined contribution model. Upto 11 medical, 2 Rx, 3 dental, and 2 vision products with a 45 day setup.
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11.14.2012
Employer Mandate Calculator
CBC has created a Employer Mandate Calculator, online tool available to brokers and group leaders, to help determine if groups shoudl "pay or play". In 2014, due to PPACA, employers with 50+ EE's are required to offer benefits or face penalties.
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