Health Net Announces Q1 2023 Updates

Health Net Q1 2023 Rate Release For Small Group

Quarterly Rate Change
HMO +0.9%
PPO -1.5%

Annual/Renewal Rate Change Average
HMO -2.9%
PPO +0.7%

Simplified Underwriting Programs 
Health Net is making it easier to sell small group with their Enhanced Choice promotion and HMO medical plans promotion. Additionally, they have also loosened their underwriting guidelines with relaxed particiation and more. See below for more details:
Enhanced Choice Promotion
(Five active subscribers minimum with groups of 5-100 eligible employees)
-No DE9C is required.
-No prior carrier bill is required.
-All eligible employees declining coverage must provide a waiver including those enrolling with another carrier through the same employer will not count against participation. 

Sell HMO Promotion
(Six active subscribers minimum)
-Mix and match any plans from the HMO networks.
-No DE9C is required.
-No waivers are required (when not paired with Life or Employer Paid Dental/Vision).
-No participation attestation.
-No prior carrier bill is required.

Flexible Underwriting
-2 weeks of payroll for a startup group of any size (down to 1)!
-Mix and match any of Health Net's 52 plans
-Health Net can be written alongside any carrier, no limit to the number of carriers if participation is met
-Groups of 1-4 enrolling, 70% participation
-Groups of 5-100 enrolling, 25% participation is required –Not a promotion!

-Health Net accepts PEO subgroups with a quarterly wage report or 2 weeks of payroll from the PEO

Promotion Conditions: Qualifying groups must meet the state and federal definition of a small employer. Prior health coverage is no required. Excludes ancillary-only groups. Groups with employees age 70 and older are not eligible for this promo and must submit a DE9C.

Broker Incentives For Small Business Group
Earn additional rewards with Health Net for groups sold! For new sales with October 2022 through January 2023 effective dates, Health Net is offering a special commission rate of 6% for the life of the case, for groups of 9 or more subscribers enrolled (excludes CCSB and CalChoice).

Elite Partners Program 2022
Fairmont Orchid Resort, Hawaii
May 17-20, 2023

There are three ways to win by meeting one of the three scenarios below.

1) Sell a minimum of 250 IFP members AND be one of Health Net’s top 10 IFP selling brokers between July 1, 2022, through January 31, 2023.

2) Sell a minimum of 250 Small Group members (excludes CCSB & CalChoice) AND be one of Health Net’s top 10 Small Group selling brokers between July 1, 2022, through January 31, 2023.

3) Sell a minimum of 500 Large Group members AND be one of Health Net’s top 10 selling Large Group brokers between July 1, 2022, through January 31, 2023.

Top selling broker are those brokers that have sold the most members during the contest period of July 1, 2022, through January 31, 2023.