Anthem: Plan & Rate Updates Effective January 2018
Anthem Blue Cross announced rate and plan updates for January 1, 2018 effective dates. All rates are available for quoting except Dental Prime & Complete (expected soon).
RATES
Medical:
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PPO: -0.4% avg. quarterly rate change - HMO: 2.4% avg. quarterly rate change
Anthem Blue Cross has been extremely consistent with a net change of 6.6% for PPO plans and -3.1% for HMO plans since January 1, 2016.
Ancillary: Minor rate changes
Dependents:
Currently, children ages 0 to 20 are in one premium age band. Effective January 1, 2018 for new and renewing business, children ages 0 to 20 will follow the new Federal uniform age curve:
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One age band for children 0-14; and - Separate single age bands for children 15-20
The rating for large families will not be impacted; the three oldest children under the age of 21 will continue to be used for rating.
PLANS & BENEFITS
New Plans:
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Gold Select HMO 1000/30%/4000 - Gold HMO 1000/30%/4000
- Bronze Select PPO HSA 4500/35%/6550
- Bronze PPO HSA 45000/35%/6550
Discontinued Plans:
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Silver Select HMO 1750/40%/7150 - Silver HMO 1750/40%/7150
Existing Plans: Anthem PPO plans will receive changes to office visit copays, out-of-pocket maximums and pharmacy.
UNDERWRITING
Anthem has extended their current underwriting promotions through March 15, 2018
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30% participation for groups of 5+ enrolled - DE9C not required for groups of 6+ enrolled
- Dual HMO Network option is available
- Individual coverage both on and off Exchange is a valid waiver
- Same day turnaround for new business enrollment
BOOK RATES
Book rates for Anthem Blue Cross provided below and on the B&P website.
For questions, please contact a member of your B&P Sales Team - 888.722.3373.