5500Nerd Posted September 28, 2018 Posted September 28, 2018 Hello, VSP (as well as other carriers) report on their Schedule As as if the contract is experienced-rated even though the contracts are confirmed non-experienced. This is causing a bit of confusion and frustration for the Plan Sponsors. Delta Dental use to conduct their Schedule As in this manner and have since reverted back to just reporting the premiums, commissions, etc for non-experience. By chance has VSP made any declaration on why they have switched their approach? Any insight would be greatly appreciated.
Bug on my window Posted November 19, 2018 Posted November 19, 2018 I recall that when VSP when they changed their formatting, we talked to them about this. They confirmed informally that they are not experience-rated HOWEVER we did not get anything in writing from them. The above is my opinion only, not anyone else's. I'm not a lawyer nor do I play one on TV.
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