CID: Health Insurance Rate Filing - Anthem Health Plans, Inc. (Large Group)

Health Insurance Rate Filing - Anthem Health Plans, Inc. (Large Group)


 
Rate Filing Review: 6.3 percent average increase
 
Decision: Under Review
 
Public Comment Period: October 10 to October 30, 2018
 

On September 19, 2018, Anthem Health Plans filed a request to increase rates 6.3 percent on its large group health insurance policies for employers with 51 or more workers.

The filing is for prospective business. The new rates are for plans that will be marketed for coverage beginning January 1, 2019.

In calculating the rates, the company noted it was factoring in impact of medical inflation, known as “trend,” which takes in to account the increase in medical and pharmacy costs and the demand for those services. The company calculated a trend impact of 9.6 percent.

If approved the new rates would take effect for policies issued or renewed on or after January 1, 2019.

 
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Find the filing, brief summary and public comment section here at Health Insurance Rate Filings


Content Last Modified on 10/11/2018 11:25:46 AM