If it happens the current insurance carrier in your employee benefits plan is changing, it doesn’t have to be complicated. Your employer and/or benefits advisor should be able to assist you throughout the process and ensure your transition is as smooth as possible.
Here are some common areas for you to be aware of once you are informed that your insurance carrier will be changed:
It is also worthwhile to note: it is common for administration and adjudication processes that differ between insurance carriers, such as differences in covered dental codes, or in reasonable and customary fees used to determine reimbursement are some examples of adjudication changes you might experience. These discrepancies may not come to light until the time of a claim, but it is likely they can be promptly addressed on a claim-by-claim basis.
By working closely with you and your new carrier, your benefits advisor can ensure a smooth transition.