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Anthem Blue Cross Rate Update, October 2023

Jul 10, 2023
Category
Carrier News

Anthem has issued a small group medical rate update for Q4 2023. There are no changes to existing plan designs or underwriting guidelines. Quoting is now available. 

The statewide average change for the quarter shows the following increases:

PLAN TYPE QUARTERLY CHANGE ANNUAL CHANGE
HMO 3.0% 8.7%
PPO 2.5% 7.8%

Note: these changes do not account for age, region and any demographic changes for the group.

In addition, current underwriting promotions have been extended through the end of the year.

Q4 Renewal Release Dates

  • Available on Producer Toolbox on 07/14/23
  • Mailed to employers on 07/20/23
  • Available on EmployerAccess on 07/28/23

Why Anthem?

With lots of awesome selling points to help you grow your business, keep in mind Anthem's:

  • Strong full and narrow network HMO options with new $15 Copay for Chiropractic Office visits
  • Network pairing flexibility available through 2023
  • Specialty benefits offering bundling discounts 

 

Tags
Anthem California

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