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2-50: Medical and Dental Rate Adjustments for April 2011

Jan 20, 2011


Anthem Blue Cross announced their April 2011 quarterly rate adjustments to their 2-50 and 51-99 portfolios, averaging 3.3% statewide for medical. Other news includes:
  • Anthem will release April 2011 rates for quoting on Monday, January 24th

Other recent news announced by Anthem Small Group includes:


 
 
MEDICAL RATE ADJUSTMENTS
Average statewide rate increases by portfolio and product are provided below. Since increases vary by plan and region, please contact any member of your b&p Sales Team to obtain plan specific rate increases.

EmployeeElect (Grandfathered and Non-Grandfathered plans)
  • 2-50 & 51-99 HMO = 2.0%
  • 2-50 & 51-99 PPO = 2.1%
  • 2-50 & 51-99 CDHP = 8.2%
  • Please note that the 51-99(including 2-50 MHP compliant plans) quarterly increase is the same as 2-50; however, book rates are slightly higher for the 51-99 portfolio. 
EmployeeChoice = 7.3%

BeneFits = 4.4%

Quarterly Rate Adjustments
Anthem Blue Cross Small Group has issued the following quarterly rate adjustments. It should be noted that these rate adjustments are averages and vary by plan and by region.
  • April 2010 = 4.7%
  • July 2010 = 1.9%
  • October 2010 = 2.8%
  • January 2011 = 4.7%
April 2011 Book Rates
Book rates are currently available below, on the b&p website and bpServ (b&p's iPhone app).
 
ANCILLARY CHANGES

Dental Blue 100-80 PPO Plans
  • Rate Increase = 6%
Other Dental PPO & DHMO Plans
  • Rates were increased on the majority of Dental plans.
  • No changes to benefits.
Vision & Life Rates & Benefits
  • No changes to rates or benefits.
Don't Forget the Specialty Discounts
  • 1% RAF Savings (down to .90) - when a group buys at least $25,000 in life coverage. In many cases, the 1% RAF savings will cover the entire cost of the life premium.
  • 6% Premium Savings - when groups purchase both dental and at least $25,000 in life coverage, they may receive 6% off both the dental and the life premiums.
Click here for the Anthem Ancillary Bonus Flyer.
Click here for the Anthem Specialty Cheat Sheet.
  
IMPORTANT DATES 
 
  • January 13th (approximate): April broker renewals will be mailed. 
  • January 24th: Anthem will release April 2011 Small Group (2-50) and Mid-Market (51-99) rates for quoting.
  • January 27th (approximate): April group renewals will be mailed.
 
Please contact any member of your b&p Sales Team for assistance with quote requests and questions regarding the details above - 888.722.3373.
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