Anthem California to increase Blue Cross rates October 1, 2010
As you remember from past blog entries, Anthem Blue Cross delayed its scheduled March 2010 rate action after public outcry and state review. You may also remember that Anthem re-filed for new rates with the state of California in June of 2010. These new requested rates were approved and are scheduled to take place on October 1, 2010. The average increase will be 14% which is down from the initial 20% of the march filing.
Today Anthem announced that they have sent out 800,000 letters to its members alerting them to this new rate adjustment. We, Medicoverage.com, are supposed to receive a list of our members affected by this new rate increase in early september. We will email all our members with an update of what increase (if any) they can expect to see.
If you have an Anthem Blue Cross plan in California and are subject to the October Rate action (or you don’t know but want to find out) please call us and we can review your plan and suggest alternatives. You can reach Medicoverage here to speak to a licensed health agent.