When did Trustmark buy CoreSource?

Asked by: Ana Huel  |  Last update: February 11, 2022
Score: 4.7/5 (25 votes)

Between now and January 1, 2020, you'll start seeing the brand name Trustmark Health Benefits in place of CoreSource. You know us as CoreSource. We're the benefit administrator for your health benefit plan. We process your claims, answer your questions, and manage other aspects of your health benefits.

Is CoreSource an insurance company?

CoreSource is a subsidiary of insurance provider Trustmark Mutual.

What kind of insurance is CoreSource?

CoreSource is the administrator for your health benefits plan, managing all administrative aspects including claim processing, fee negotiation and member eligibility. We work with a variety of PPO networks, such as Cigna and Aetna, to offer access to discounted provider services to get you the medical care you need.

Who owns Trustmark health benefits?

--- Trustmark Health Benefits, Inc. is a subsidiary of Trustmark Mutual Holding Company, which has subsidiary non-insurance companies and insurance with $2 billion in consolidated assets, serving more than 2 million covered lives and/or plan participants.

Are CoreSource and Trustmark the same?

CoreSource, Inc. is a subsidiary of Trustmark Mutual Holding Company.

CoreSource

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Is Trustmark part of Highmark?

Lancaster General Health (LGH) is offering JAS and the Highmark provider network to their employees starting January 1, 2020. The network is administered by Eliance Health Solutions (Eliance), LGH's health plan, and Trustmark, its Third-Party Administrator (TPA) vendor.

What network does CoreSource use?

Self-insured CoreSource customers and members benefit from Aetna's national PPO network.

Is Trustmark good medical insurance?

Health Benefits Value Story & Trend

Trustmark Health Benefits has a 3-year medical cost trend average that is 68% better than the rest of the industry*, translating to real savings for our clients.

Is Trustmark an insurance carrier?

Trustmark Voluntary Benefits offers Life, Accident, Critical Illness, Disability, and Hospital insurance solutions that help policyholders achieve greater financial security and well-being. For more than 100 years, we've been building a different kind of benefits company, and going beyond the needs of our customers.

What type of insurance is Trustmark health benefits?

Trustmark is a national employee benefits company offering specialized expertise in voluntary benefits, self-funded health benefit plan design and administration, and employee health and fitness programs that drive results through human and virtual connection.

How do I cancel my Trustmark Insurance?

Canceling Coverage
  1. The employee must complete, sign and date the Request for Cancellation Form.
  2. Review the form for accuracy and completeness and mail a copy to: Attn: Group Premium Department. Trustmark Group Insurance. P.O. Box 7904. ...
  3. Keep a copy with your group insurance records and give a copy to the employee.

Is Trustmark part of Aetna?

The new brand for our Aetna Signature Administrators ® client, Trustmark ®, unites its family of companies under one brand umbrella. The Starmark brand, which was retired in October, has moved to a new brand: Trustmark Small Business Benefits ®.

What network does Trustmark use?

Cigna PPO Network services are administered by Cigna Health and Life Insurance Company (CHLIC), and not by Cigna Corporation. Healthcare providers are independent practitioners solely responsible for the care delivered to their patients.

Is Trustmark a third party administrator?

Trustmark Health Benefits, a leading national health benefits administrator, will act as the third-party administrator. Leading global professional services firm, Aon, provided knowledge, expertise and was influential in developing the solution.

Is Trustmark a Cigna?

Cigna analysis of actual providers contracted as part of the Cigna PPO for Shared Administration as of December 2020. ... Cigna® and all other trademarks are the property of their respective owners, which are not affiliates of Star Marketing and Administration, Inc., and Trustmark Life Insurance Company.

What is the timely filing limit for CoreSource?

An Employee must file a written or electronic application with the Employer for coverage hereunder for himself and his eligible Dependents within 31 days of becoming eligible for coverage; and within 31 days of marriage or the acquiring of children or the birth of a child.

Who is Aetna's TPA?

Aetna is now a subsidiary company of CVS Health Corporation. To discover more about the Aetna TPA, please visit www.aetna.com.

What is Aetna Signature Administrators?

Aetna Signature Administrators is the brand name used for products and services provided by one or more of the Aetna group of companies, including Aetna Life Insurance Company and its affiliates.

Where is Highmark insurance accepted?

Coverage at home: Access to participating doctors and hospitals wherever you go in Pennsylvania, West Virginia, New York, Ohio and New Jersey. More choice through one of the largest Medicare Advantage PPO networks in the state. Over 34,000 doctors, specialists and hospitals in Pennsylvania and West Virginia.

How long does long term care insurance last?

Long-term care (LTC) policies are typically sold for 12 or more months of care. You can buy a policy that pays benefits for only 1 year or one that pays for 2, 3 or 5 years. Companies have stopped selling benefits for as long as you live.

How do I contact Highmark Blue Shield?

Highmark Blue Shield Customer Service at 1-866-731-8080.

What kind of insurance is starmark?

Starmark® is a distinguished leader in group healthcare benefits offering self-funded and fully insured plan designs. With paperless employee enrollment, health and wellness programs, nationwide network access and seamless HRA administration, Starmark is the choice in employer healthcare benefits.

How many employees does Trustmark Insurance have?

Company Description: Trustmark Insurance Company (mutual) is located in Lake Forest, IL, United States and is part of the Insurance Carriers Industry. Trustmark Insurance Company (mutual) has 4,100 total employees across all of its locations and generates $420.49 million in sales (USD).