Anthem Plan & Rate Updates Effective October 2023
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Anthem announced rate and plan updates for October 1, 2023 effective dates. Rates are available for quoting!
Rates
Medical Quarterly Rate Change Average:
- PPO: 2.5%
- HMO: 3.0%
Medical Average Annual / Renewal Rate Change Average:
- PPO: 7.8%
- HMO: 8.7%
2023 Selling Highlights
- DE-9C not required with 3 or more subscribers enrolling when providing a prior carrier bill (excludes virgin group, Anthem reserves the right to request more information)
- 25% participation for groups of 5 or more subscribers enrolling (65% participation for 4 or fewer enrolling)
- Individual coverage both on and off the exchange are valid waivers
- 24-hour turnaround for new business submissions
Additional Network Flexibility
Employers can select one of the following pairings:
- Both PPO networks alongside any two HMO networks (including Vivity)
- Both PPO networks alongside the Select HMO, Priority Select HMO, and Vivity HMO networks (excluding CaliforniaCare HMO)*
*Network selection subject to provider availability.
Q4 Renewal Release Dates
October
- 7/14/23 - October renewals will be posted to Producer Toolbox
- 7/20/23 - October renewals will be mailed to groups
- 7/28/23 - October renewals will be posted to EmployerAccess
November
- 8/17/23 - November renewals will be posted to Producer Toolbox
- 8/23/23 - November renewals will be mailed to groups
- 8/31/23 - November renewals will be posted to EmployerAccess
December
- 9/15/23 - December renewals will be posted to Producer Toolbox
- 9/26/23 - December renewals will be mailed to groups
- 9/29/23 - December renewals will be posted to EmployerAccess
For questions or help with an Anthem Blue Cross quote, please contact a member of your B&P Sales Team - 888.722.3373.