Blue Shield of California is lowering their Trio rates by an average of 4.8%* with rate reductions in some regions as much as 26.7%.
Use the Trio qualification tool to confirm which of your groups are in a Trio ACO HMO Network service area.
The average rate action for their HMO plans will be almost a full percent lower (-0.9%), while the average rate action for their PPO plans will be a half-percent higher (+0.5%). They’re also happy to share that for your fourth quarter renewing PPO customers, the average overall rate action for 2016 to 2017 will be 1.1%, well below the industry average.
Good news for specialty as well – dental, vision and life rates remain flat for the fourth quarter. With their bundling discount, small businesses can save 5% off dental and/or vision premiums when combined with medical coverage!
You can access their fourth quarter rates through your preferred rating engine beginning July 1. All rates are pending regulatory approval.
* The above rates represent statewide averages. Actual plan rates vary by rating region. Actual Q4 2017 rate actions for Trio plans range from +3.4% to -26.7%.