Anthem Plan & Rate Updates Effective October 2020
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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.