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  • Anthem Blue Cross Small Group: April 2012 rate changes

    April 2012 Rate Change Overview:

    EmployeeElectTotal

    • PPO 3.2%
    • HMO 6.9%
    • CDHP 12.8%

    EmployeeChoice – 7.9%
    BeneFits – 3.5%
    Total – 5.0%
    (These rates are for Small Group ONLY, the EmployeeElect 51-99 portfolio as well as the Small Group MHP compliant plans have slightly different rates than the Small Group portfolio.)
    *These rate adjustments are averages and will vary by plan and region..

    HMO Rate Adjustments –April 2012
    The HMO plans within the Small Group EmployeeElect Portfolio will see a new business average increase of approximately 6.9%*.   All HMO plan families will receive an approximate 6.9% quarterly increase on average.

    Quarterly increases on the HMO plan families will be as follows*:

    • HMO 100% – 7.6%/Select HMO 100% – 3.8%
    • Classic HMO – 7.5%/ Select Classic HMO – 3.8%
    • Saver HMO – 7.5%/ Saver HMO – 3.7%

    Renewal” increases are as follows:

    • HMO 100% – 15.2%/Select HMO 100% – 11.1%
    • Classic HMO – 16.3%/ Select Classic HMO – 12.1%
    • Saver HMO – 15.2%/ Saver HMO – 11.4%

    *These rate adjustments are averages and will vary by plan and region.

    PPO Rate Adjustments –April 2012
    The PPO plans within the Small Group EmployeeElect Portfolio will see a new business average increase of approximately 3.2%*.

    The PPO Increases will be as follows (quarterly/renewal)*:

    • The PPO Premier Plans will receive an average increase of 3.5%/12.1%
    • The PPO Copay Plans will receive an average increase of 3.5%/12%
    • The Solution PPO Plans will receive an average increase of 3.3%/7%
    • The GenRx PPO Plans will receive an average increase of 2.5%/3.2%
    • The Elements Hospital PPO Plans will receive an average increase of 2.7%/2.9%
    • The EPO Plans will receive an average increase of 3%/10.3%

    *These rate adjustments are averages and will vary by plan and region.

    RAF Promotion Update
    The basic promotion will remain intact, however, Anthem will also now allow for the following:

    • Groups with 6 or more enrolling subscribers, with a minimum of 50% participation in either the Gen Rx PPO plans and/or any of the Select Network HMO plans will receive an automatic .90 RAF –There will be no qualifying renewal RAF required on those groups.
    • Groups with 6 or more enrolling in our BeneFitsplan portfolio will also receive an automatic .90 RAF -There will be no qualifying renewal RAF required on those groups.

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