1-100: Anthem Rate Adjustments Effective July 2016

Anthem Blue Cross announced rate adjustments for July 1, 2016 effective dates with no changes to underwriting.  Rates are available for quoting!

RATES

Medical

• HMO: 2.3% average statewide increase
• PPO: 2.7% average statewide increase

Dental (Legacy): RATE PASS
Dental (Prime & Complete): moderate rate increase
Vision: RATE PASS
Life: RATE PASS

PLANS & BENEFITS

• There are no changes to existing plans.
• Anthem is adding 10 new Medical plans to their portfolio for July 1, 2016 effective dates:
  • Platinum HMO 25/20%/5000
  • Platinum PPO 20/10%/4000
  • Gold PPO 700/20%/6600
  • Gold Select PPO 700/20%/6600
  • Gold PPO 1000/20%/5900
  • Gold Select PPO 1000/20%/5900
  • Silver PPO 1250/40%/6850
  • Silver Select PPO 1250/40%/6850
  • Silver PPO 1750/35%/6850
  • Silver Select PPO 1750/35%/6850

UNDERWRITING

• 51-100 inforce Anthem groups offering dual HMO networks will be eligible to maintain both HMO networks when they transition to the Small Group 1-100 portfolio.
• Recent announcements:
  • Participation is reduced to 30% for five (5) or more enrolled through June 30, 2016.
  • Individual coverage both ON and OFF the Exchange are considered valid waivers. 

BOOK RATES

Book rates for July 2016 effective dates are provided below and are also available on the b&p website.

• 1-100 EmployeeElect

Please contact any member of your beere&purves Sales Team for assistance with quote requests and questions regarding the details above - 888.722.3373.