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Anthem Plan & Rate Updates Effective January 2023

Sep 15, 2022

Anthem announced rate and plan updates for January 1, 2023 effective dates. Rates are available for quoting!

 

Rates

Medical Quarterly Rate Change Average:

  • PPO: 1.3%
  • HMO: 0.3%

 

Medical Average Annual / Renewal Rate Change Average:

  • PPO: 4.3%
  • HMO: 1.6%

 

Anthem's Dental & Vision plans will have no rate action for new business.

 

Plan Updates

New Plans

  • Gold PPO 1700/15% w/HSA PrevRx
  • Silver PPO 2000/35% w/HSA PrevRx
  • Bronze PPO 65/6000/40% (CalChoice)
  • Silver PPO 50/1700/40% (CalChoice)

 

Discontinued Plans

  • Gold EPO 35/500/20%
  • Gold EPO 35/1700/20%
  • Gold Advantage PPO 30/500/20% (CalChoice)
  • Silver Advantage PPO 45/1600/40% (CalChoice)
  • Silver EPO 2000/35% w/HSA PrevRx (CalChoice)
  • Bronze EPO 65/6000/40% (CalChoice)
  • Silver EPO 55/2200/40% (CalChoice)

 

Important Cost Sharing Changes

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Additional Network Flexibility

For Q1 and Q2 of 2023, Anthem Small Group will be allowing additional network flexibility. Employers can select one of the following pairings:

  • Both PPO networks alongside any HMO network (including Vivity)
  • Any 2 HMO networks (including Vivity) alongside 1 PPO network
  • Select HMO, Priority Select HMO, and Vivity HMO alongside 1 PPO network (excluding CaliforniaCare HMO)

 

Broker Bonuses

As a reminder, Anthem's 6% commission rate on new medical business for the life of the case when you sell any new Small Group with 8 or more enrolled employees continues from October 2022 through January 2023 effective dates. See their flyer for complete details.

 

Important Dates

  • 10/25/22: January renewals posted on Producer Toolbox
  • 10/27/22: January renewals mailed to Employers
  • 11/01/22: January renewals available on EmployerAccess

 

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

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