Health Net’s Q2 2024 Rates for Small Group
Carrier Updates
Thursday, February 15 2024
Health Net has announced Q2 2024 premium rates effective 4/1/2024
The medical rates reflect an adjustment from the rates previously released on January 5, 2024, as requested by the DMHC and are now approved.
The overall quarter over quarter and year over year percentages have not been changed. Changes in rates are minor, with the maximum rate differential (increase/decrease) across plans of less than $1.00.
As a reminder, the rates summary is below:
Rates Summary1
Medical: Q2 2024 small business rates will have a 2.5% increase for HMO plans, and 0.3% increase for PPO plans.2
Dental: No rate or plan changes at this time.
Vision: No rate or plan changes at this time.
Optional chiro: In 2024 all plans will have the chiro rider option. The chiro rider will be an additional $3.00 PMPM for all HMO and PPO plans.
1The medical rates represent statewide averages. Actual plan rates vary by rating region. Percentages shown compare Q2 2024 rates to Q1 2024 rates
Note: Revised renewals will be sent for affected groups.
The medical rates represent statewide averages. Actual plan rates vary by rating region. Percentages shown compare Q2 2024 rates to Q1 2024 rates
For Help Quoting Health Net, Please Contact Your Dickerson Sales Rep Today!
The medical rates reflect an adjustment from the rates previously released on January 5, 2024, as requested by the DMHC and are now approved.
The overall quarter over quarter and year over year percentages have not been changed. Changes in rates are minor, with the maximum rate differential (increase/decrease) across plans of less than $1.00.
As a reminder, the rates summary is below:
Rates Summary1
Medical: Q2 2024 small business rates will have a 2.5% increase for HMO plans, and 0.3% increase for PPO plans.2
Dental: No rate or plan changes at this time.
Vision: No rate or plan changes at this time.
Optional chiro: In 2024 all plans will have the chiro rider option. The chiro rider will be an additional $3.00 PMPM for all HMO and PPO plans.
1The medical rates represent statewide averages. Actual plan rates vary by rating region. Percentages shown compare Q2 2024 rates to Q1 2024 rates
Note: Revised renewals will be sent for affected groups.
The medical rates represent statewide averages. Actual plan rates vary by rating region. Percentages shown compare Q2 2024 rates to Q1 2024 rates
For Help Quoting Health Net, Please Contact Your Dickerson Sales Rep Today!