03/04/2009
Now it's even easier to show new groups the value of Regence
Product availability changes reminder
Effective March 1, 2009, your new groups can select exclusively from our new product portfolio, InnovaSM, EngageSM, ActivateSM or Regence HSA Healthplan 2.0SM. Your renewing groups can remain on their existing products as long as no changes are made. Renewing groups wanting to make changes to their benefits will need to transition to our new products. Groups will be allowed to drop dental and make certain changes required to bring them into compliance with state mandates and product rules without having to move to a new product. Renewing groups can also make administrative changes to their existing policies such as changes in probation period or required work hours. A group that grows or shrinks will be allowed to move to the appropriate line of business and still remain on their existing product.
Please note that all groups of 100+ can still purchase all existing and new product options.
Agent Toolkit
The Agent Toolkit now includes the product information, training and quoting resources you need to present our new products to your groups.
To access the Toolkit, go to the Plan Information link for Innova, Engage, Activate or Regence HSA Healthplan 2.0.
Online Comparison Tool
You can compare Regence product benefit features and rate relativities using the Product Comparison Tool found in the Compare and Cross Sell section of the Agent Toolkit. Save your comparisons online or export them as an Excel file.
HSA banking partners
We are excited to offer our HSA members an additional banking option in US Bank. We selected US Bank for its comprehensive approach to health care banking and strong track record. U.S. Bancorp (NYSE:USB), with $247 billion in assets, is the parent company of US Bank, the sixth-largest commercial bank in the United States. The company operates 2,542 banking offices and 4,895 ATMs, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions.
The relationship with US Bank adds one more option for our employers and their employees and brings a solid and familiar name recognition to support the new HSA 2.0 products.
Learn more about all our banking partners:
Contact information
If you have questions about this new product or the changes described above, please talk to your Regence Sales contact or contact our commission department at OR_AGENTDESK@regence.com.
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