Kilpatrick

Carrier News

BCBS Offering First Year Renewal Rate Cap on New Mid-Market Business Dec 2019 – Mar 2020

BCBS will give a first year renewal rate cap of 9.5% to all new mid-market (51-150 segment) medical cases written effective Dec 2019 – Mar 2020.

To be eligible, groups must meet the following requirements:

  • Have an effective date from 12/1/2019 to 3/15/2020
  • Have 50-150 enrolled employees on the effective date of coverage
  • Enroll in standard fully insured mid-market plans
  • Renew with standard fully insured mid-market plans at the first renewal

For more information read BCBS’s official news article (Sep 25, 2019).

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