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our mission...
Wallace-Rice Benefits, LLC is committed to providing individuals, families and businesses with personalized service for their medical, dental and disability insurance policies. Our goal is to find the plans that best suit our clients’ needs and budgets, offering informed advice throughout the process.
We believe that it is not your job as an individual, a parent or a business owner to know the ins and outs of medical, dental, and disability insurance. That’s our job. And we’re ready to work for you. Using our interactive website is just the first step to the customized service you deserve.
news & information
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The U.S. Department of Health and Human Services (HHS) has denied carriers' requests for a waiver that would allow them to retain benefit limits on certain services. As of January 1, 2012, individual insurance carriers will no longer have annual limits on prescription medications and durable medical equipment. The increased benefits do result in some minor rate increases. To combat rate increases, LifeWise is eliminating all brand-name prescriptions coverage. Regence will maintain brand-name coverage on their Evolve Plus plans with a small rate increase 4/1/2012. Group Health has slightly increased the rates on their two comprehensive plans as of 2/1/2012 to compensate for the increased benefits.
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LifeWise Healthplan of Washington has announced an average 8.7% rate increase for their annual renewal 1/1/2012. Enrollees may check out the new rates here. In addition, they are discontinuing their WiseChoices Prime 1500 plan and migrating those enrollees to the new comprehensive WiseAdvantage 1800 plan as of the first of the year.
- Group Health Cooperative as featured on CNN
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