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Anthem Plan & Rate Updates Effective October 2020

Jul 01, 2020

Anthem announced rate and plan updates for October 1, 2020 effective dates. Rates are available for quoting!

 

Rates

Average Medical Quarterly Rate Change

  • PPO: 0.6% decrease
  • HMO: 6.7% decrease

Average Renewal Rate Change

  • PPO: 3.5% increase
  • HMO: 2.3% decrease

 

There are no other Dental, Life, or Vision changes.

 

Underwriting Promos Extended Through December 15, 2020!

  • Relaxed Participation: 25% participation for groups of 5 or more enrolled subscribers! 65% participation required for 4 or fewer enrolled subscribers.
  • DE9C: Not required with 6 or more subscribers enrolling! Groups with prior coverage must submit prior carrier bill. Excludes virgin groups.
  • Valid Waivers: Individual coverage both on and off of the Exchange will be accepted as a valid waiver
  • Dual HMO Networks (Dual network no longer offered for PPO*): Groups can select Anthem Full HMO and Select HMO or Select HMO and Priority Select HMO!

 

*Please note is running a network promotion from October 1, 2020 through March 15, 2021. Read our news post for more information.

 

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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