ChoiceBuilder Plan & Rate Updates Effective December 2022
ChoiceBuilder announced plan and rate updates for December 1, 2022 effective dates. All rates are available for quoting!
Rates
ChoiceBuilder is not making any changes to their plans or rates.
Plan Offering Updates
ChoiceBuilder is adding MetLife employer-sponsored Life insurance effective December 1, 2022.
MetLife Life Insurance Guidelines
- Employer sponsored Life can be added at initial enrollment or at renewal with no reduction in Guarantee Issue amounts (not available to add off-cycle)
- Employer must select only one carrier to offer employer sponsored Life to their employees
- Employer required contribution for employer sponsored Life benefits is 100%
- Employee participation required for employer sponsored Life benefits is 100%
- All active full-time employees working 20 or more hours per week are eligible for coverage
Updated Materials & Applications
ChoiceBuilder will be updating marketing materials and enrollment applications to reflect these updates. Only updated applications and change request forms for December 1, 2022 will be accepted beginning with the December 1, 2022 effective date. Write-ins or alterations are not accepted.
Book Rates
Book rates will be posted to the B&P website.
For questions or help with a ChoiceBuilder quote, please contact a member of your B&P Sales Team - 888.722.3373.