Word & Brown received the following updates from Anthem Blue Cross:
Rates Action
- Q2 Rate Change: Average
-PPO: 0.9%
-HMO: 0.9%
- Annual/Renewal Change: Average
-PPO: 5.2%
-HMO: 6.9%
- Health Insurer Tax was repealed effective 1/1/21
-Having positive impact on rates
-Anthem refilled Q2 rates causing some delays on delivery of rates
Specialty
- Dental
-“New” for 2020 Unlimited Annual Max Plans
-Enhanced Preventive Dental Plans on all plans
-No Waiting Periods
- Vision
-NEW for 2020: $150 $180 and $200 frame allowance
-$55 copay for progressive lenses
- Life and Disability
-2-100 lives, Employer Sponsored or Voluntary
-EAP included
- 25% Reduced Participation Applies
This is a guideline not a promo
- Bundling Discounts
- No DE-9C for specialty
- Dental and Vision – no contribution required as long as participation is met.
Underwriting
- 25% participation through 6/15/2020
- Valid Waivers: IFP included on and off exchange
- No DE9C with 6 or more subscribers enrolling (see W&B internal guide for details)
- Dual HMO Networks
-Full HMO and Select HMO or Select HMO and Priority Select HMO
-Cannot combine Full HMO and Priority Select HMO
Bundling Discounts
- Basic Life Rate Match
Broker Bonus Program
- Specialty Qualification combines Small and Large Group business
- Case count based
Renewals
- April renewals will be available on Prouder Tool Box on 1/20/2020
- April renewals will be mailed on 1/24/2020
- April renewals will be available on Employer Access on 1/30/2020
Anniversary Date Changes
- Currently allowing groups to change anniversary date to 1/1 (through 1/15/2020)
- Outside of January, date changes will be considered when aligning benefits with other coverage
