Oxford UHC- Ancillary Dental & Vision no rate increases!

PER OXFORD:
 
Good Afternoon,
 
We wanted to share some exciting announcements pertaining to our UHC Ancillary Product Renewals from 5/1/2020 to 9/30/2020.
 
Groups renewing from May 1 through September 30, 2020 will renew at existing rates without rate increases!!!
 
We sincerely hope that our strategy eases the burden that COVID-19 has brought upon us all.
 
Please note the additional important detail below is split between two separate categories due to product and legal licenses
 
1)UHC Specialty Business
2)UHC Specialty Business Residing Nationally –  
 
 
UHC Specialty Business Residing in New York
 
At UnitedHealthcare and Unimerica Life Insurance Company of New York, one of our key priorities is to support our customers while they face the unique challenges that have arisen due to COVID-19. In order to make it easier for fully insured Small Business and Key Account customers to retain valuable employee benefit offerings for Dental, Vision, Life, and Disability and Supplemental Health*, we are providing renewal adjustments for customers renewing from May 1 through September 30, 2020.
 
COVID-19 Renewal Details for groups of 2-499 eligible employees:
 
∙
Groups renewing from May 1 through September 30, 2020 will renew at existing rates without rate increases.

 
-
Renewals occurring May through July 31, 2020 may require retro-active adjustments and customers may see a lower rate on their monthly invoice than what was reflected in their renewal.

 
∙
Products in-scope for this short term COVID-19 renewal adjustment are the following:

 
-
UnitedHealthcare fully insured Dental

 
-
UnitedHealthcare fully insured Vision

 
-
Unimerica Life Insurance Company of New York fully insured Basic Life, Supplemental Life, STD and LTD, and Supplemental Health (Specified Disease, Accident, Hospital Indemnity)*

 
∙
Includes the UnitedHealthcare businesses.

 
*Supplemental Health (Specified Disease, Accident, Hospital Indemnity) available for groups of 51+ employees

 
UHC National – Excluding New York
 
One of UnitedHealthcare’s key priorities is to support our customers while they face the unique challenges that have arisen due to COVID-19. In order to make it easier for Small Business and Key Account customers to retain valuable employee benefit offerings for fully insured Dental, Vision, Life, and Disability and Supplemental Health*, UnitedHealthcare is providing renewal adjustments for customers renewing from May 1 through September 30, 2020.
 
COVID-19 Renewal Details for groups of 2-499 eligible employees:
 
∙
Groups renewing from May 1 through September 30, 2020 will renew at existing rates without rate increases.

 
-
Renewals occurring May through July 31, 2020 may require retro-active adjustments and customers may see a lower rate on their monthly invoice than what was reflected in their renewal.

 
∙
Products in-scope for this short term COVID-19 renewal adjustment are fully insured Dental, Vision, Basic Life, Supplemental Life, STD and LTD, and Supplemental Health (Critical Illness, Accident, Hospital Indemnity).*

 
∙
This Includes the UnitedHealthcare and All Savers businesses.

 
∙
State regulatory guidelines may apply.*

 
*WA groups in the 2-50 space will be subject to standard renewal rate strategy for Dental & Vision

*FL groups in the 2-100 space will be subject to standard renewal rate strategy for STD and LTD

*Supplemental Health (Critical Illness, Accident, Hospital Indemnity) available for groups of 51+ employees

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For additional information about how we are supporting all of our customers during COVID-19, please refer to our Broker, Consultant, and Employer FAQs:
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Broker FAQ: https://www.uhc.com/broker/faq-broker

 
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Consultant FAQ: https://www.uhc.com/consultant/faq-consultant

 
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Employer FAQ: https://www.uhc.com/employer/faq-employer
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