Insurance rates set for 2009

10/23/2008

Mississippi Conference insurance program participants can receive a discounted rate if their payments are drafted from their accounts.

The discount was among actions take Oct. 22 by the Board of Medical Benefits. In addition, rates for 2009 have been determined.

The discount applies to those who have their payments drafted from a personal or church bank account. The draft will be drawn on the 15th of the month in which the premium is due. 

The board also authorized open enrollment Nov. 15-Dec. 15 for plan participants for dental and vision coverage. That coverage will be effective Jan. 1.

The board learned that in the first year of the Amazing Pace program, the health plan realized savings. The Amazing Pace program including the use of the Optimal Health Guide has produced results beyond expectations. 

Wishing to reward all who participate fully in 2009, a premium holiday will be awarded at the end of 2009 to all of those who meet certain standards during 2009. These standards will be tracked by the Amazing Pace wellness program. Amazing Pace and the Health Plan will announce the standards in November allowing each participant time to understand the standards, get signed up on the Amazing Pace program and begin Jan. 1. The standards will apply for the entire year. Watch for the information and prepare for the premium Holiday that will come in January 2010 if standards are met for the year.

Health Plan Rates Effective Jan. 1, 2009

 
2008
2009
2009
 
Rates
Rates
Rates
 
 
 
If Drafted
$600 Deductible
 
 
 
Participant
  $112
     $114
    $112
Spouse
  $529
     $540
    $529
Dependent
  $458
     $467
    $458
Full Family
  $700
     $714
    $700
Salary Paying Unit
  $617
     $646
    $646
 
 
 
 
High Deductible
 
 
 
Participant
    $94
      $96
     $94
Spouse
  $457
     $466
    $457
Dependent
  $390
     $398
    $390
Full Family
  $595
     $607
    $595
Salary Paying Unit
  $617
     $646
    $646
 
 
 
 
 
 
 
 
Medicare Eligible
 
 
 
Participant (Before Credit)
  $345
     $352
    $345
Spouse
  $236
     $241
    $236

 Vision Rates Effective Jan. 1, 2009

Employee
$6.25
$8
$7
Employee/Spouse
$11.75
$13
$12
Employee/Child
$12.3
$14
$13
Family
$18.12
$20
$19

 
Dental Rates Effective Jan. 1, 2009
Employee
$28.04
$33
$32
Employee Plus One
$64.97
$74
$72
Family
$91.54
$103
$101

In other actions related to rates, the following will take effect Jan. 1:

• A 5 percent late fee of the balance due will be assessed on the 21st of the month.

• Returned checks or drafts will be charged $30.

For more information watch for the Advocate article, go to the conference web

site or view the pod-casts on-line.