News

We are excited to announce that our brokers and their clients now have potential access to big company benefits, payroll services, risk mitigation guidance real-time HR expertise and a comprehensive HR technology platform all through TriNet. TriNet’s industry-tailored, full-service HR solution. Plus, TriNet offer new Dickerson groups discounted pricing on administrative fees. Visit the trinet.com to learn how they can help you take care of the people who take care of business. Visit TriNet's Website, Click Here For More Information, Please Contact Your Dickerson Sales Rep.

Covered California for Small Business (CCSB) has relaunched the Partnership that Pays Bonus Program, running now through January 1, 2025. You can earn up to $12,000 for enrolling new groups—see details below.* As the year wraps up, CCSB is excited to introduce new benefits and features. Learn more below about how you can help employers maximize their health plan options at no extra cost. Covered California for Small Business is excited to announce the relaunching of its Partnership That Pays Bonus Program, effective now through January 1, 2025. Earn Extra When You Sell New Small Groups Group Size (Enrolled Employees) Bonus Per Group (3 Groups / 6+ Groups) 51-100 $8,000 / $12,000 26-50 $4,000 / $6,000 11-25 $2,000 / $3,000 4-10 $1,000 / $1,500 For More Information of Help Quoting CCSB, Please Contact Your Dickerson Sales Rep.

Health Net's Broker Incentive Program gives your business a boost. Starting January 1, 2025 Health Net is offering broker incentives to help you. When you offer Health Net plans, you can be sure your clients are getting the coverage they need at the price they can afford. And, you can know you’re getting the best combo of value and quality for your clients –and your business. The 2025 Broker Incentive Program for Health Net’s Large Group medical plan new sales is now in place. Brokers will receive 2% of paid premiums received for 12 months for each new large employer group sold. Important details • Program is valid for 1/1/2025 through 12/1/2025 effective dates. • Health Net reserves the right to change or terminate this program. For More Information Click Here For Help Quoting Health Net, Please Contact Your Dickerson Sales Rep.

Humana has provided information regarding their Dental Network and how they've grown to now reach over 135,000 dentists nationwide. They also shared some reference guides to help support you during this peak season! Humana Dental network reaches over 135,000 dentists nationwide • Network size has increased by 86% since 2016 • Added more than 18,000 net-new dentists to our network in 2024 • Over 72% of claims processed in network at an average discount of 40% • Ranked top 3 in over 80% of the top 250 MSAs Peak Season Support • Humana Business Services is your one-stop shop for day-to-day questions or to triage escalated issues. o This team can be reached via sbmarketsupport@humana.com or 800-232-2006. o Humana Business Services flyer includes the PHI requirements to have in hand before your reach out. • To help with efficient quoting, Humana has created a Group Benefits Quoting Requirement Guide to help your teams know what is needed to avoid any missing information requests. • As you’re aware, a major time saver this time of year will be installing via Launch My Group (LMG). When it comes to uploading membership, you have options. This LMG Member Enrollment Reference Guide provides an overview with step-by-step instructions on how to navigate. • Humanan streamlined the customer service number for commercial Dental, Life and Disability to 1-866-427-7478. When members authenticate through the IVR process, they will be taken care of more efficiently and have a better member experience. o Member ID cards reflect 1-800-233-4013, which is a verified customer service number for their commercial Dental plan members. For More Information or Help Quoting Humana, Please Contact Your Dickerson Sales Rep.

On October 22, 2024, the Internal Revenue Service (IRS) released Revenue Procedure 2024-40, which increases the health flexible spending account (FSA) salary reduction contribution limit to $3,300 for plan years beginning in 2025, an increase of $100 from 2024. Thus, for health FSAs with a carryover feature, the maximum carryover amount is $660 (20% of the $3,300 salary reduction limit) for plan years beginning in 2025. When carrying over funds from 2024 to 2025, 20% of the $3,200 salary reduction limit for 2024 is $640. The Revenue Procedure also contains the cost-of-living adjustments that apply to dollar limitations in certain other sections of the Internal Revenue Code. Qualified Commuter Parking and Mass Transit Pass Monthly Limit For 2025, the monthly limits for qualified parking and mass transit are increased to $325 each, an increase of $10 from 2024. Adoption Assistance Tax Credit Increase For 2025, the credit allowed for adoption of a child is $17,280 (up $470 from 2024). The credit begins to phase out for taxpayers with modified adjusted gross income in excess of $259,190 (up $7,040 from 2024) and is completely phased out for taxpayers with modified adjusted gross income of $299,190 or more (up $7,040 from 2024). Qualified Small Employer Health Reimbursement Arrangement (QSEHRA) Increase For 2025, reimbursements under a QSEHRA cannot exceed $6,350 (single) / $12,800 (family), an increase of $200 (single) / $350 (family) from 2024. Reminder: 2025 HSA Contribution Limits and HDHP Deductible and Out-of-Pocket Limits Earlier this year, in Rev. Proc. 2024-25, the IRS announced the inflation adjusted amounts for HSAs and high deductible health plans To Read More Click Here For More Information, Please Contact Your Dickerson Sales Rep.

Are You Prepared to Comply With the New Mental Health Parity Final Rule in 2025? On September 9, 2024, the DOL, IRS and HHS released a final rule for the Requirements Related to the Mental Health Parity and Addiction Equity Act (MHPAEA Final Rule). The MHPAEA Final Rule is similar to the proposed rule released on July 25, 2023, with some marked differences. While the MHPAEA Final Rule is effective as of November 22, 2024, the requirements become enforceable at different times. Most apply to plan years beginning on or after January 1, 2025, with other requirements becoming enforceable for plan years beginning on or after January 1, 2026. MHPAEA Proposed Rule The MHPAEA Proposed Rule released last year sought to clarify and solidify requirements for group health plans and health insurance issuers (plans and issuers) to perform comparative analyses of the nonquantitative treatment limitations (NQTLs) imposed under their plans through the collection and evaluation of data to: (a) reasonably assess the impact of NQTLs on access to mental health and substance use disorder (MH/SUD) benefits and medical/surgical (Med/Surg) benefits; and (b) demonstrate compliance with the MHPAEA as written and in operation. The Proposed Rule focused on the following: Applying a similar “substantially all” standard to NQTLs as that which applies to quantitative treatment limitations (QTLs); Revising comparative analysis requirements; Enhancing definitions to better assist plans; Solidifying compliance deadlines. To Read More Click Here For More Information, Please Contact Your Dickerson Sales Rep.