2023 Update on Portico Health Rates and Plan Changes
What's changing for 2023:
ELCA-Primary health contribution baseline rate will increase 3%1, the same rate increase as last year, which was the lowest in eight years. The 3% increase also applies to sponsored members receiving the ELCA Medicare-Primary health benefit Standard option.
ELCA-Primary Gold+ option deductibles will increase to $1,500 for member only, $2,250 for member and child(ren) and $3,000 for member and spouse or member, spouse, and child(ren). Coinsurance, out-of-pocket limits, and prescription drug cost-share will not change.
As you prepare to make selections in October, keep these things in mind:
The ELCA recommends two ELCA-Primary health benefit options: (1) Gold+, or (2) Silver+ with a monthly employer contribution to the member’s health savings account (HSA). Sponsoring employers (congregations and organizations) will selection the option they will offer their employees Oct. 3-14. Your registered EmployerLink user can access the 2023 Decision Guide and their Custom Comparison Report to help determine 2023 costs and options. Note: any organization that does not make a selection will be assigned Silver+ (A) to offer their plan members the ability to choose the coverage that works best for them.
Sponsored members, watch for an email from Portico with specific information about 2023 Annual Enrollment, including when your selection period will be open. Most – but not all – plan members will make their selection between Oct. 20-27.
If you have any questions, please reach out to Andrea Arey, Regional Representative from Portico. She can be reached at AArey@porticobenefits.org or 949-338-9573.
