Annual Renewal Opens Tomorrow

Annual renewal for the NRECA Group Benefits Program opens August 10. Rate sheets for 2024 will be sent by email to the primary benefits administrator for each subgroup with group benefit plans tomorrow morning. Rates will also be available in the Benefit Plan Rating and Renewal feature on the Employee Benefits website. Renewal calculations and other co-op-specific reports for experience-rated cooperatives covering 100 or more lives will also be sent by a separate email.

Use the Benefit Plan Rating and Renewal feature to send in your annual renewals for group benefit plans until September 22. For instructions and reminders on selecting subgroups, managing COBRA administration, confirming plans and completing other tasks from the landing page, visit the Benefit Plan Rating & Renewal Instructions page in the BA Guide.

You also can find out more about the actions you need to take and access the materials for annual renewal, such as the renewal guides and renewal rate calculation explanations, on the Annual Renewal page of the BA Guide. The page provides updated information, including a checklist of things benefits administrators should do and consider for annual renewal.

Before you confirm or make changes, we ask that you carefully review your plans to ensure that you are accurately developing the plan designs you intend to adopt for 2024.

If you have questions or need help with annual renewal, speak with your field representative. You also can contact the Member Contact Center at 866.673.2299 or contactcenter@nreca.coop.