Sharp Health Plan

Sharp Health Plan Q2 2020 Rate Update

Sharp Health Plan has released their Q2 HMO rates. All plans will increase by 0.7%. There are no changes to plan designs, underwriting guidelines, or PPO rates. Quoting is now available through June ...

Sharp Health Plan Offers Special Enrollment Period for SB78

Under California Senate Bill 78, residents who don’t have qualifying health insurance coverage beginning January 1, 2020 will be subject to a tax penalty of $695 or more, unless they qualify for an ex...

CVS Caremark to Become Sharp Health Plan’s PBM

Effective January 1, 2020, CVS Caremark will be Sharp Health Plan’s new pharmacy benefit manager (PBM). New customer enhancements include: Dedicated prescription helplines staffed by experts to ...

Sharp Health Plan Q1 2020 Rate and Portfolio Update

Sharp Health Plan has released their Q1 2020 update. All plans will have updates on benefits though only a few plan names will change. When enrolling your 2020 groups, please make sure to use the corr...

Sharp Health Plan Introduces Broker Incentives

Sharp Health Plan has a new broker incentive program for new groups with October 1, 2019 to January 1, 2020 effective dates. Brokers can earn $75 per member for new Q4 groups with 6 to 49 enrolled emp...

Sharp Health Plan Decreases HMO Rates for Q4 2019

Sharp Health Plan has released their Q4 rates with a decrease on all HMO plans. The Full Choice network will decrease by 4.5% while the limited HMO networks will decrease 5.9% compared to Q3 2019 rate...

Sharp Health Plan Announces Q3 2019 Rate Update

Sharp Health Plan has announced their Q3 2019 rate update. All HMO plans will increase by 1.8%. There are no plan changes with this increase. Expect quoting to be available in the next week. In add...

Sharp Health Plan Announces Q2 2019 Rate Update

Sharp Health Plan has announced their Q2 2019 rate update. All HMO plans will increase by 0.8%. There are no plan changes with this increase. Expect quoting to be available in the next week. As a ...

Sharp Health Plan Changes Small Group Underwriting Guidelines

Sharp Health Plan changed their small group underwriting guidelines, making it easier to do business: Participation has been lowered from 70% to 60%. The minimum participation has been lowered...

Sharp Health Plan Updates Rates and Portfolio for Q1 2019

Sharp has updated rates for 2019. HMO plans will increase 1.1% across all networks. PPO plans will increase 6.6% in region 19 and 16.5% in region 17. Non-Mirrored plans and rates are pending approval...

Sharp Health Plan Limits Service Areas

As of January 1, 2019, the health insurance coverage for some Sharp Health Plan members will end. Sharp Health Plan will no longer offer health coverage to members who live in the following ZIP codes:...

Sharp Health Plan Rate Update Q4 2018

Sharp Health Plan’s Q4 2018 HMO rates are now available for quoting. HMO rates will be increased 4.3%, on average, compared to Q3 2018 rates. There are no changes to plan benefits or underwriting gui...