Anthem Plan & Rate Updates Effective April 2024

Anthem announced rate and plan updates for April 1, 2024 effective dates. Rates are available for quoting!

Rates

Medical Quarterly Rate Change Average:

• PPO: 1.2%
• HMO: 1.2%

Medical Average Annual / Renewal Rate Change Average:

• PPO: 7.9%
• HMO: 7.5%

Dental & Vision new business rate action:

• Plans without orthodontics: 4%
• Plans with orthodontics: 3.3%

Dental & Vision renewal rate action:

• Essential Choice/Metallic: 4%
• Dental Net and Legacy: no change
• Blue View Vision: no change

Selling Highlights

• DE9C not required with 3 or more subscribers enrolling. A prior carrier bill is required if DE9C is not provided (excludes virgin groups).
• Relaxed participation:
  • 25% participation for groups with 5 or more enrolled subscribers.
  • 65% participation for groups with 4 or fewer enrolled subscribers.
• Valid waivers include individual coverage, Medicare, Medi-Cal, military service, or covered as a dependent on an employer-sponsored group plan.

Additional Network Flexibility

For Q2, Anthem Small Group will continue to allow additional network flexibility. Employers can select one of the following pairings:

• Both PPO networks alongside any 2 HMO networks (including Vivity)
• Both PPO networks alongside Select HMO, Priority Select HMO, and Vivity HMO (excludes CaliforniaCare HMO)

Important Dates

• April renewal release dates
  • 01/22/24: Producer Toolbox
  • 01/26/24: Mailed to employers
  • 01/31/24: EmployerAccess
• May renewal release dates
  • 02/21/24: Producer Toolbox
  • 02/28/24: Mailed to groups
  • 03/04/24: EmployerAccess
• June renewal release dates
  • 03/22/24: Producer Toolbox
  • 03/28/24: Mailed to groups
  • 04/01/24: EmployerAccess

For questions or help with an Anthem Blue Cross quote, please contact a member of your B&P Sales Team - 888.722.3373.