We’ve promised to provide more information regarding TranscendAHP 2020 plan renewals. Here are the important details to review and take note on – Despite Transcends best effort, there is not an apparent path forward for the current TranscendAHP program. All groups and sole proprietors must transition back to their prior-to-Transcend rating structure; Blue Cross® Blue Shield® of Michigan or Blue Care Network small group and community rating or an individual plan with a January 1, 2020, effective date of coverage. All claims with a December 31, 2019, or earlier date of service will be honored under the terms of the contract and plan selected with Transcend. For more details, please see below.
We want to make transitioning to a Blue Cross Blue Shield of Michigan or Blue Care Network plan as simple as possible! BCBSM is working on steps that will allow for moving groups back to an appropriate rating through a more streamlined approach with reducing the paperwork and underwriting process for Transcend AHP clients. Please connect with your Agent for more details.
Association Health Plans (AHPs) provide small business and sole proprietorships the opportunity to join together to obtain healthcare coverage; often resulting in lower rates and higher benefits.
TranscendAHP is a new way to cover your employees’ health benefits with some great financial benefits for you. It’s a fully-insured multiple employer health benefit plan
for Transcend member companies and is designed with small business needs in mind.
Who can apply?
Any company in good standing with 50 or fewer enrolled employees may apply. If you are already a current member of MichBusiness, you are eligible to join Transcend at a member-only rate. Keep in mind that sole proprietors with no employees are also eligible to apply to TranscendAHP.
What’s the advantage?
TranscendAHP was designed to better manage the cost of health insurance and provide benefit plans that may be a better fit for small business owners and their employees. Because TranscendAHP is fully insured and not subject to some of the Affordable Care Act’s (ACA) mandated benefits and taxes, the plan allows the cost of your benefits to better reflect the unique demographics of your business and your employees.
Plus, all TranscendAHP plan options are fully insured by Blue Cross® Blue Shield® of Michigan (BCBSM) or Blue Care Network (BCN) and therefore tied to the same network of doctors and hospitals that MichBusiness members have accessed for years.
How do I get started?
We encourage you to talk to your current licensed health agent about getting a quote for TranscendAHP. If you need to be connected with an agent, please contact our team and we’ll find someone in your area to help.