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Blue Shield - New Virtual Blue Plans

The Virtual Blue plans give members (small and large groups) the choice of virtual or in-person care. Virtual care includes $0 unlimited visits to primary care, behavioral health and specialty care through a new partnership with AccoladeCare. In-person care is available through the Tandem PPO network in California and via BlueCard when outside of the state.

The two Virtual Blue small group plans available in PRISM are the Virtual Blue Gold Tandem PPO 1500/45 and Virtual Blue Bronze Tandem PPO 7500/75. These can be identified by ‘Virtual Blue’ in the plan name.

When using the PRISM filter options for Narrow or Broad networks, select ‘All’ networks instead of ‘Broad’ only networks to generate plans for Blue Shield’s Virtual Blue, Trio HMO, and Tandem PPO plans.

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2020 Principal Financial Well-Being Index Finds Businesses Growing

2020 Principal Financial Well-Being Index Finds Businesses Growing

2020 Principal Financial Well-Being Index Finds Businesses Growing

Aug 24, 2020, 2 Minute Read

In its seventh edition released in July, the Principal Financial Well-Being Index for Business Owners gathered insights from 500 leaders at companies from 2 to 10,000 employees for a look at how COVID-19 has affected how they do business, how it’s impacted their customers and employees, and what they plan to do moving forward during recovery.

Four Big Takeways

  1. Businesses have tried to maintain staffing.
    – 76% haven’t cut staff.
    – The two most popular cost-saving options are a hiring freeze and other budget cuts (such as travel).
  2. Employee well-being remains a clear priority.
    – Fewer than 15% of businesses plan to reduce employee benefits. Some plan to expand them in response to COVID-19.
    – 21% plan to boost mental health and well-being programs.
    – 20% are increasing healthcare benefits.
  3. They’re adapting to uncertainty.
    – 66% of businesses expect to recover economically within a year.
    – Three popular reactions to COVID-19: increased cleaning (48%), more employees working remotely (39%), and increasing cash on hand (26%).
  4. Federal help is making a difference for small businesses and their employees.
    – One-third of small businesses (2-500 employees) received federal assistance.
    – 77% are spending the stimulus on payroll.
    – 58% are also spending assistance on employee benefits.

The Impact on Small Businesses

Download the full 2020 Principal Financial Well-Being Index to explore the findings in more detail.

Start quoting Principal today!


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