Sharp Health Plan rate update for Q2 2024

Sharp Health Plan has issued a rate update for Q2 2024.  Plans will increase 2.7% compared to Q1 rates, resulting in a 5.5% annual change.  There are no plan or underwriting changes.  

As a reminder, Sharp has revised the below guidelines recently to make it easier for your groups to enroll:
•    DE-9C is no longer required 4 groups with 5+ enrolled subscribers.
•    Participation for groups with 5+ enrolled subscribers is now 25%, excluding valid waivers.
Source: Sharp Health Plan