Premera & Providence - Big Network Changes. Part 1: changes to preferred provider status
Beginning 1/1/17, the entire Providence network will only have PPO status on some Premera plans.
They’ve been negotiating back and forth, but finally Premera and Providence have come to an agreement that Providence providers will be included in SOME of the Premera networks. Here’s a quick overview of what you need to know:
In more breaking news...
Premera has just announced that if you have groups whose regular group renewal will occur after 1.1.2017 who will be affected by this network change, you can ask for an off-renewal quote. Premera will provide a 1.1.2017 effective quote, illustrating plans/pricing for the larger network programs – but if you move a group on 1.1.2017 to one of these plans, you will be locking in 12-month rates and your group will now be part of the January 1st renewal cycle going forward.
Not all plans are available with the larger network. More to come on that!
Now if we could just get Premera to change the names of their networks to something we can all keep straight!
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I love numbers. I'm a math geek. I read benefits industry articles and periodicals for relaxation (but, honestly, I'm still a fun gal). I also like to share what I've learned and you'll find it all here.