So much has changed in our business environment due to the COVID-19 pandemic. VSP® Vision Care is committed to doing all we can to help our clients navigate through the uncertainty, as we move toward recovery.
Effective immediately, VSP is automatically extending policies for all clients* with fewer than 1,000 enrolled that are scheduled to renew between August 1, 2020 and March 1, 2021. The extension will allow the client to keep their current rate for an additional 24 months, which helps to provide them with fiscal certainty and stability. It’s our way of helping ease the burden of the current business climate.
August 1, 2020 – September 1, 2020 renewal notices were already delivered. If your clients received a renewal notice for either of those months, please advise your client to disregard that notice. VSP will automatically extend their current rate and policy.
What happens next?
Instead of the typical renewal process, you will receive a policy amendment reflecting the extended term and without any change to the existing rates. There’s nothing else you need to do. If you have any questions or concerns about this notice, please contact your Total Benefit Solutions, Inc benefit specialist at (215)355-2121