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The Latest Carrier Updates, Legal Alerts, Industry News and more.

Dickerson / News / Weekly Newsletters / December 21, 2023
Special Holiday Hours, Beam Benefits, Health Net OOS PPO Network, Individual Bonus Programs, Updates, News & More
Thursday, December 21 2023
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Dickerson Introduces Beam Benefits
Carrier Updates
Dickerson would like to introduce Beam Benefits, our newest partner, to further enhance the services and benefits we offer to our clients. Beam pairs intuitive technology with knowledgeable human support to create custom employee benefit packages that offer exactly what you need. Beam takes a modern approach to delivering simplified benefits plans that are easy to understand, easy to implement, and easy to use. What to Expect with Beam Tailored, competitive pricing to offer exactly what your clients need via Beam’s digital quoting tool Self-service tools for rapid quoting and instant online access to the information you need 24/7 Rapid implementation and helpful support from real people when you and your clients need it Perks program that offers group incentives for consistent habits and rewards for memberssting Quotes and implementation In most cases, all quotes are completed within 48 hours. No payroll or binder check required, 1099 employees are eligible for Dental and Vision plans Live data integration with Ease, Employee Navigator, Rippling and more Implementations and enrollments completed within five business days or less and can be completed through the online portals For More Information, Please Contact your Dickerson Sales Rep Today!
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Health Net OOS PPO Network Change Now in Effect
Carrier Updates
Effective November 1, 2023 for large and small business, Health Net’s national PPO network for providers outside of California has changed to the Cigna HealthcareSM PPO Network. Cigna is now the network for Out-of-State California Commercial Group PPO members, replacing First Health. Cigna is also the network used for Travel when In-State California Commercial Group PPO members obtain services outside of California. There is no impact to Medi-Cal, Medicare, Individual & Family Commercial Business, or Oregon. If You Have Any Questions, Please Contact Your Dickerson Sales Rep!
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Dickerson & Agility Bonus for Individual Anthem Business 2024
Carrier Updates
Individual Bonus funding provided by Dickerson in partnership with Agility. Agents must be appointed with Anthem under Dickerson & Agility to receive the bonus. 20 - 49 members : $100 per member (one-time bonus) 50+ members: $150 per member (one-time bonus) Aggregate Year-Round Bonus (this goes for all of 2024) If you enroll 200 members in January, that's a $30,000 one-time bonus. If you write 15 more members in March, the aggregate total is now 215, so you get paid $150 each for those extra 15 members! Visit our Individual Bonus Page Here for More Information!
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Cigna Abandons Pursuit of Humana
Industry News
U.S. health insurer Cigna has ended its attempt to negotiate an acquisition of rival Humana after the pair failed to agree on price, two sources familiar with the situation said on Sunday, as the company announced plans to buy back $10 billion worth of shares. A Cigna-Humana combination would have created a company with a value exceeding $140 billion, based on their market values, but was certain to attract fierce antitrust scrutiny. The discussions came six years after regulators blocked mega-deals that would have consolidated the U.S. health insurance sector. The deal talks ended due to the parties not being able to agree on price, two sources familiar with the situation said. There remains the possibility of a tie-up in the future, those sources said. Cigna, however, on Sunday announced plans to do an additional $10 billion in share repurchases, bringing total repurchases to $11.3 billion. Shares of Connecticut-based Cigna rose 12.1% to $290.07 in premarket trading on Monday. They are down roughly 22% this year, including a nearly 10% fall since late November after reports on deal talks with Humana. Humana's shares were up 2.3% in thin trading. For More Information, Click Here
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Californians surprised by loss of Medi-Cal insurance
Industry News
This spring, states restarted eligibility reviews for low-income people enrolled in Medicaid, better known as Medi-Cal in California. These check-ups usually happen every year, but the federal government paused them in 2020 so that people would maintain health benefits during the COVID-19 pandemic. Now six months into the renewed eligibility process, thousands of Californians are finding that they are losing their coverage due to missing or incomplete paperwork. Many, like Miguel’s children, are still eligible, but don’t learn they’re going without coverage until they seek medical care. More than 928,000 people had their Medi-Cal terminated between June and October, according to state data. The vast majority of them — close to 90% — lost Medi-Cal coverage because of so-called “procedural reasons,” often meaning problems with paperwork. California has the fourth worst rate of terminations linked to procedural issues in the nation, according to the health policy research organization KFF (formerly known as the Kaiser Family Foundation). Among Californians who have been due for Medi-Cal renewals, 47% retained coverage, 15% were kicked off for paperwork problems, 2% no longer qualified and 35% are still under review, the KFF tracker shows. For More Inoformation, Click Here
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The belief that everyone should have equal access to affordable health care is the driving force at Dickerson Insurance Services. We are a small group general agency that specializes in hands-on interaction with agents, adding a more personalized touch to your experience.  We're here to help new brokers get started and we vigorously support experienced brokers! We have a wealth of resources, a knowledgeable, experienced sales team, an excellent service team, and more!

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