BCBS will give a first year renewal rate cap of 9.5% to all new mid-market (51-150 segment) medical cases written effective Dec 2019 – Mar 2020.

To be eligible, groups must meet the following requirements:

• Have an effective date from 12/1/2019 to 3/15/2020
• Have 50-150 enrolled employees on the effective date of coverage
• Enroll in standard fully insured mid-market plans
• Renew with standard fully insured mid-market plans at the first renewal

For more information read BCBS’s official news article (Sep 25, 2019).