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2-50: Life Rates Reduced and Portfolio Changes Effective March 1, 2012

Jan 18, 2012

Anthem is pleased to announce that, as a follow up to last year's rate reduction for groups of 20-50 employees, they are reducing their life insurance rates for new life insurance groups of 11-19 employees effective March 1, 2012.

In addition, Anthem will be updating their life portfolio to include face amounts of $25,000 and greater to better align with their packaging strategy. Now, their minimum life benefit will match the amount of life insurance groups need to qualify for 1% off their health premiums and/or 6% off their life and dental premiums (if they purchase a qualifying dental plan with their life plan).

For new business, Anthem will accept $15,000 face amounts through March 1, 2012 effective dates. In-force life insurance groups who currently have $15,000 can keep their policy as is, if they wish. Anthem will not force migrate them to a higher amount.

Effective March 1, 2012:
If you have any questions regarding these changes, please contact your b&p Group Sales Rep - 888.722.3373.
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