BROKER BONUS PROGRAM
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| Coventry Health Care is pleased to announce a new broker bonus program with the potential to earn you $50.00 per contract. To be eligible, simply sell a group between 5 and 99 subscribers with an effective date between February 1 and April 1, 2010. |
NEW FEATURE: Transition Rx
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| Coventry Health Care's Transition Rx program provides members a transition service during the first 90 days of coverage. <<Read More>> |
NEW PLAN DESIGNS: CDHP Rx
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| Coventry Health Care is introducing three new plan designs. These designs, called CDHP Rx, blend elements of qualified high deductible health plans (QHDHP) and the consumer driven health plans (CDHP) we have offered for several years. In these plans, like other CDHPs, members have an in-network deductible of at least $1,000 that applies to all services, except for preventive services and services rendered at a PCP's office. In addition, like QHDHPs, the deductible applies to pharmacy benefits. However, unlike QHDHPs, the deductible does not apply to preferred generic drugs on Tier One of the Preferred Drug List. With these designs, employers can introduce the concept of consumerism to employees and assure that they continue to have access to a PCP and preferred generic drugs without the imposition of a high deductible. These plan designs will be available for new and renewing groups effective February 1, 2010 and after, and will be visible in benefitexpress in the coming weeks. |
NEW ADDITION: Prevacid Over-the-Counter
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| Since Prevacid has become available over-the-counter (OTC), Coventry Health Care has added it to the list of OTC medications eligible for coverage through insurance benefits. Members can now get a prescription from their providers for Prevacid OTC and pay a Tier One copayment at the pharmacy. Click here for an updated list of OTC medications covered by Coventry Health Care. |
NEW FORMS: Small Group Quote Request Form & Certified Employee List
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Many of you are familiar with the Request for Medically Underwritten Proposal form previously made available. In an effort to streamline the process and make it easier for you to obtain a quote in a timely manner, we have revised and shortened this form. We hope you find this form to be serviceable and self-explanatory. Please feel free to send any feedback to your Account Executive.
As another initiative in our quest to streamline our quoting process, we are introducing the Certified Employee List. When this list is submitted along with a business license, Coventry Health Care will not require W2s, W4s, or Schedule Ks, unless the information submitted conflicts with medical questionnaires received.
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UPDATE: H1N1 Flu
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| Coventry Health Care is diligently following the spread of, and vaccination against, H1N1 flu around the country. <<Read More>> |
REMINDER: HIPAA, Friends, and Family
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| Our goal is to provide the best, most efficient customer service to our callers as possible, within the bounds of the Health Insurance Portability and Accountability Act (HIPAA). Click here for some FAQs directed at who can receive information about claims and under what circumstances. |
REMINDER: Electronic Post-Enrollment Materials
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| Beginning November 1, 2009, members of renewing groups and new members of other groups began receiving their post-enrollment materials electronically instead of in print. <<Read More>> |
REMINDER: CMS Reporting Requirements
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| In order to be compliant with CMS reporting requirements, Coventry Health Care is now requiring Social Security Numbers on all subscribers and dependents. <<Read More>> |
REMINDER: New Business Quote Submission
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| Please remember to send all your new business quotes to shs_salesadministration@cvty.com in order to expedite the quoting process. |
Never Miss an Issue!
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Remember seeing something in a past newsletter, but didn't keep the email? Not a problem anymore!
Past issues of the Broker News Flash beginning with January 2008 are now archived for easy access. Click on the link below and be directed to our past issues.
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| 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. | |
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Charlottesville Office:
434.951.2500
Richmond Office:
804.747.3700
Roanoke Office:
540.265.6720
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