Last month, Health Options began filing 2023 individual and small group plan rates. As part of this process, carriers are required to send individual subscribers a letter detailing upcoming rate changes.
Our letter will hit mailboxes this week and based on information from our initial filing, the letter references a rate increase that ranges from 6.4% to 16% depending on the Members’ given plan of coverage. Another round of pricing has been submitted with the goal of reducing the average rate increase. These new plans will be available for purchase beginning November 1, the first day of Open Enrollment. For 2023, nearly all plans include our popular Chronic Illness Support Program (CISP), expanded telehealth services, vision exams for adults and pediatrics, a $5 co-pay on 30-day Tier 1 preferred generic medications on non-HSA plans, and more HMO tiered plans with an expanded tiered network for those looking to save using preferred providers. We are also excited to announce our new Healthy Maine plans that offer a wellness program, unlimited personal health coaching at $0 cost and no deductible, and acupuncture benefits with no deductible. Finally, HSA Plus plans will be available that include an enhanced preventive drug list with no deductible requirement.
The Bureau of Insurance will hold a public forum regarding 2023 individual health plan rates on July 26, 2021, at 10:00 a.m. Read more and register at the State of Maine website. For more information about proposed rates, you may also contact Member Services, Monday through Friday, 8 a.m. to 6 p.m., at (855) 624-6463.
Employees are struggling right now. Even after the most painful effects of the pandemic resulting from lockdowns, social isolation and fear have abated, incidences of depression, burnout and anxiety have risen markedly. The rising cost of living has added even more strain as employees grapple with balancing household budgets amid demanding workloads—and for remote workers—struggling to set boundaries as the lines blur between long hours of work and enjoying life at home.