UnitedHealthcare Ancillary Products Renewals from 5/1/20 through 9/30/20 will renew without a rate increase at existing rates
Posted on May 8, 2020
UnitedHealthcare has announced that in response to COVID-19 their Ancillary Product Renewals from May 1 through September 30, 2020 will renew without a rate increase.
Note: Renewals occurring May through July 31, 2020 may require retro-active adjustments and customers may see a lower rate on their monthly invoice than what was reflected in their renewal.
Products in-scope for this short term COVID-19 renewal adjustment are as follows:
UHC Specialty Business Residing in New York
- UnitedHealthcare fully insured Dental
- UnitedHealthcare fully insured Vision
- Unimerica Life Insurance Company of New York fully insured Basic Life, Supplemental Life, STD and LTD, and Supplemental Health (Specified Disease, Accident, Hospital Indemnity)*
- Includes the UnitedHealthcare businesses
- Includes OBM (Oxford Benefit Management)
UHC National – Excluding New York
- UnitedHealthcare Fully insured Dental, Vision, Basic Life, Supplemental Life, STD and LTD, and Supplemental Health (Critical Illness, Accident, Hospital Indemnity).*
- This Includes the UnitedHealthcare and All Savers businesses.
- Includes OBM (Oxford Benefit Management)
- State regulatory guidelines may apply.*
*Supplemental Health (Specified Disease, Accident, Hospital Indemnity) available for groups of 51+ employees. *WA groups in the 2-50 space will be subject to standard renewal rate strategy for Dental & Vision. *FL groups in the 2-100 space will be subject to standard renewal rate strategy for STD and LTD.
