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Coventry Connection
Coventry Health Care
www.southernhealth.com

June 6, 2008
We Are Coventry Health Care
You know us as a locally focused health plan. We offer you and our employer groups the advantage of our presence in the community:  
  • In Virginia for over two decades
  • Benefit plans specifically designed to meet the needs of Virginia employers
  • Offices in Charlottesville, Richmond, and Roanoke
  • Direct Access to participating specialists without a referral
  • Local account managers, provider relations, medical directors, and health services staff 
  • Nearly 12,000 participating providers
  • 132 hospitals

You should also know us because of our parent company, Coventry Health Care, Inc.
 
Coventry is a national managed health care company based in Bethesda, Maryland. Because Southern Health is a part of Coventry, members have access to:  

  • National transplant network
  • National pharmacy network
  • National PPO network for out-of-area plans
  • Website that gives members 24/7 access to many services, including benefit information, claims information, and ID cards

Archive TemplateTo put more focus on our national reach, you will begin to see us use the Coventry Health Care logo on more of our materials. For example, new or renewing members as of July 1 will see a Coventry logo on their member ID card. Here are samples of ID cards.Archive Template
 
Our marketing materials will feature the Coventry Health Care logo more often, and you may see our business cards and letterhead with the Coventry Health Care logo.
 
From time to time, we may direct you to our corporate website for information. We will ask you to select a health plan from the home page. At those times, you should select Virginia to be directed to the Southern Health site.
 
You know us as Southern Health, but we are Coventry Health Care as well.

Statements of Health Have "Sign By" Dates
Statement of Health/Enrollment Form signature dates must be within 90 days of the effective date. After 90 days, Statement of Health/Enrollment Forms must be updated and signed by all applicants and can then be used for an additional 30 days. After 120 days combined, applicants must complete new Statement of Health/Enrollment Forms.
IRS Announces 2009 Adjustments to HSAs
The IRS has released the cost of living adjustments for 2009 for Health Savings Accounts (HSA).  There was an increase across the board in each amount for the 2009 fiscal year. 
 
Minimum Deductible Amount:
Individual - $1,150
Family - $2,300
 
Maximum Out-of-Pocket Limit:
Individual - $5,800
Family - $11,600
 
Annual Contribution Limit:
Individual - $3,000
Family - $5,950
 
Catch up Contribution for individuals 55 and older:
$1,000
 
This information also has been posted on the U.S. Department of Treasury website.
Sell More, Earn More With Our Broker Bonus Program
The Southern Health Broker Bonus Program is back for new groups sold in June, July, and August. 
 
A flyer detailing the broker bonus program is posted on our website.  
 
For more information on Southern Health products and services, visit our Broker Kit on the website.  
Thank You!
It was great to see so many of you at our spring broker meetings. Thank you for coming out to learn more about Southern Health. If you have any questions, don't hesitate to contact your Southern Health representative.
Never Miss an Issue!

Remember seeing something in a past newsletter, but didn't keep the email? Not a problem anymore!

 

Past issues of the Broker News Flash starting in January 2008 are now archived for easy access. Click on the link below and be directed to our past issues.
 
Coventry Health Care and Southern Health are registered trade names of Southern Health Services, Inc., a Virginia HMO. PPO products are underwritten by Coventry Health and Life Insurance Company and administered by Southern Health Services, Inc. in Virginia.

In This Issue
We Are Coventry Health Care

Health Statements Have "Sign By" Dates

2009 HSA Adjustments

Broker Bonus Program

Thank You

Broker Newsletter Archive

Contact Us
Charlottesville Office:
434.951.2500

Richmond Office:
804.747.3700
 
Roanoke Office:
540.265.6720
 
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