As of December 31,2017, all Affordable Care Act (ACA) individual Anthem plans will be terminated. This termination does not affect those who have a group health plan through their employer or individuals enrolled in “grandfathered” plans (plans purchased before March 2010).
California will continue to offer Anthem’s Medicare Supplement, Medicare Advantage, Part D Drug Coverage, Individual Life, Vision and Dental policies.
How will the termination of your Anthem policy affect your coverage?
If the member does not take any action during the Open Enrollment period to directly change carriers and plans, On-Exchange plans through Covered California will be moved to another carriers’ plan which offers similar coverage.
Individuals and families with Off-Exchange plans, must move to another carrier offering plans in their zip code.
Blue Shield of California will be the only carrier offering both a PPO, and HMO plans throughout the state in 2018. All other carriers will only offer some form of narrow network plans such as an HMO or Exclusive Provider Organization (EPO).
According to Covered California’s most recent enrollment snapshot from March, Anthem currently covers about 252,560 Obamacare customers, This does not include people who have purchased Anthem plans outside of the exchange. A Covered California spokesman said that an additional 150,000 Anthem plans are estimated to be in place outside the exchange.
Next year, the average premium is expected to go up by 12.5 percent, about one percentage lower than the rise for this year, however still three times higher than the 4 percent premium increases experienced by Covered California members in 2015 and 2016.
Enrollment Dates are as Follows:
For further information on this important topic on healthcare call Doug Motz of Douglas Motz Insurance Agency at 760-200-0270. License #0F00702