Small Group Renewal Update
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Tired of high Small Group renewals? Ready for some positive renewal news?
Have you seen our Small Group renewals results lately? Here they are, the CHC of VA SG numbers:
January - Our small group renewals for January average was 10%
- 47% of our small group renewals received a rate increase less than 10%
February - Our small group renewals for February average was 9%
- 60% of our small group renewals received a rate increase less than 10%
Overall, 30% of our small group renewals were under 5%. Yes, under 5%. That includes groups from one year to 15 years. We really appreciate the loyalty of groups that have been with us 3+ years.
With our low renewals and stable low trends, now is a great time to move your Small Group customers to Coventry Health Care of Virginia, Inc.
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C3: Personal Health Account Administrator
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Considering a high deductible health plan? Coventry Health Care of Virginia, Inc. can give you access to a personal health account administrator: Coventry Consumer Choice (C3). Employers of all sizes can experience seamless enrollment and the integrated claims cross-over for no setup fees. Small employers (2-50) will be charged no additional per employee per month administrative fees when using C3. Large employers will be charged $2.95 per employee per month on the same invoice as the health insurance premiums.
→ Don't forget: SJ plans can be paired with C3.
Contact your account representative today!
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Reminder: Coventry Increased First Year Commission Opportunity
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Click here to learn more about earning additional commission on new sales 10-99.
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Safe Senders
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If you are not receiving emails notifying you that a new commission statement is available, please check to make sure that the email address coventrycommissions@cvty.com is in your "safe senders" list. Do not send an email to this address. Instead, call 800.438.4029 for any questions regarding commissions.
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| PPO products are underwritten by Coventry Health and Life Insurance Company and administered by Coventry Health Care of Virginia, Inc. |