News & Updates
Anthem Blue Cross has announced April 2012 quarterly rate adjustments to their 2-50 and 51-99 portfolios, averaging 5.0% statewide for medical. Other news includes:
Average statewide rate increases by portfolio and product are provided below. Since increases vary by plan and region, any member of your b&p Sales Team will be able to provide plan specific rate increases.
EmployeeChoice = 7.9%
BeneFits = 3.5%
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.
MEDICAL PORTFOLIO CHANGES
There will not be any benefit changes to the 2-50 or 51-99 medical portfolios. Both portfolios, however, will add two (2) new Accountable Care Organization plans (ACO) for April 1, 2012 effective dates.
Two New ACO Plans
The ACO network will be comprised of:
With the exception of Prime & Complete Dental, all ancillary products will receive a rate pass for April 1, 2012 effective dates. Click here to learn about Anthem's 2012 Specialty Bonus Program.
Life (effective 4/1/12)
Life (effective 3/1/12)
The Anthem Blue Cross RAF Program will expand the .90 RAF offering beginning with April 1, 2012 effective dates. The revised RAF program is available to new AB 1672 qualified groups. A RAF of 1.06 or better is required for all groups, with certain exceptions noted below.
.90 RAF available to 6+ enrolled (GenRx, Select HMO and BeneFits only)*
.90 RAF available to 10+ enrollees (no change)**
.95 RAF available to 6-9 enrollees (no change)
*.90 RAF for 6+ Enrolled
*Option 1: A minimum of 50% participation is required in either the GenRx PPO plans and/or any of the Select Network HMO plans. NO QUALIFYING RENEWAL RAF IS REQUIRED.
*Option 2: Enrollment of six (6) or more in the BeneFits plan portfolio. NO QUALIFYING RENEWAL RAF IS REQUIRED.
**Enrollment in Solution and/or Elements Hospital Plans
Groups with 10+, enrolling more than 70% in a Solution and/or Elements Hospital plan is not eligible for a .90 RAF. They will receive a .95 RAF.
*Click here for our Deadlines & Offers sheet for the rules and exclusions.