Anthem Plan & Rate Updates Effective January 2023

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

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.