As previously announced, UnitedHealthcare will no longer include commissions in premium for the large group size segment in select states. In these states, we offer to collect the service fee from the customer bill and pay it directly to the provider.
In Virginia, we are moving to a non-commissionable basis for groups in the 51-100 employer market for fully insured medical business. Self-funded, stand-alone ancillary and stop loss coverage are not affected by this transition. This change will be implemented for groups in the 51-100 employer market for new and renewing business starting on May 1, 2019. Compensation for all new cases in Virginiawith effective dates on or after May 1, 2019 will be through a service fee. Existing cases in Virginiawill convert to a service fee on their first renewal date on or after May 1, 2019.
These changes are being made as part of a broader effort to expand transparency and align with the current service fee compensation model in the 101+ employer market.
Virginiabrokers may attend a WebEx on Wednesday, Jan. 23, 2019 at 1:30 p.m. ET, to learn more. You may participate by clicking on the WebEx link: (Meeting Number: 827 788 889; Meeting Password: Comp#136). You may participate by phone only, by dialing 1-(800) 260-0718 (Access Code: 458738)