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1-100: Anthem Rate Adjustments Effective July 2016
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Apr 25, 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.
Please
contact any member of your beere&purves Sales Team for assistance with quote requests and questions regarding the details above - 888.722.3373.