Product updates for 2024

Product updates you should be aware of for 2024

Aug 30, 2023

Product updates for 2024

Product offerings will be streamlined under the Medica brand. Medica Medicare Advantage and IFB products will be available in Illinois and Missouri during annual and open enrollment this year and will replace WellFirst Health product offerings for plan year 2024.

Here are some product updates you should be aware of for 2024.

Upcoming Individual & Family Plan renewal updates

We are working to release renewal letters about a month earlier this year to offer members and brokers more time during this busy season. If you have questions, please email plans@wellfirstbenefits.com.

WellFirst Health — Provided by SSM Health Value Copay plans & one Standard plan will not be offered in 2024

Clients who are affected by this change will be automatically enrolled in the most similar plan option, effective Jan. 1, 2024. We encourage you to talk to your clients about this change and visit wellfirsthealth.com to review plan cost-sharing options at renewal to ensure the right plan for their health care coverage needs.

CMS Bronze-to-Silver Marketplace automatic re-enrollment

New Centers for Medicare and Medicaid (CMS) re-enrollment regulations specify that if your client is on a Marketplace Bronze category plan and qualifies for extra savings, they will be automatically re-enrolled into a Marketplace Silver level plan to help lower costs in 2024. Be sure to talk to your clients during renewal season about this opportunity.

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