Home / News-archives / New Group VSP Offerings

New Group VSP Offerings

We would like to share with you some exciting news.  Through our partnership with Vision Service Plan (VSP), LifeMap is now offering additional vision products to complement our current voluntary offering.

We are also increasing the rates to our existing voluntary vision offering for new group coverage and upon renewal beginning May 1st.  Renewal rates will be communicated to all groups with current coverage.  Revised proposal pages can be obtained by contacting your LifeMap Sales Representative.

Changes to LifeMap’s vision product offerings include:

  • New funding mechanisms – we will now be able to offer employer paid and contributory coverage in addition to our voluntary option
  • New Plans – New benefit features including additional exam and hardware frequency levels, copay amounts, and in network / out of network allowance amounts
  • A new provider network – now in addition to the Choice Network we can offer the Signature network
  • New Rates – these additional options will come with different, competitive premium levels.
    • While our voluntary rates had a slight increase, it is the first increase in two years despite underlying health care cost trend and the rates we are offering remain competitive in the marketplace.  Our new employer contribution options will also be competitive and less expensive than comparable voluntary plan designs. 

These new vision plans and rates will be available for new groups and renewals in Oregon, Utah, Idaho and Montana effective May 1st and after.  Look for new options later in the year for Washington.

Existing groups with LifeMap vision coverage will receive an increase to our new voluntary vision rates at their next anniversary.

Please contact your LifeMap sales representative today for more information.