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Reply to Blue Shield Dropping Many of Their Good Plans!     
Old 01-22-2010, 01:39 PM   #1
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insurehound on Blue Shield Dropping Many of Their Good Plans! - Insurance Forum
 
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Blue Shield Dropping Many of Their Good Plans! Blue Shield Dropping Many of Their Good Plans!
What is going on here in CA? Anthem is purging some of their good plans and now Blue Shield doing the same? They are getting rid of most of the Shield Spectrum plans!

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Political dissident who needs to focus on selling insurance to stay sane
  Reply With Quote to Blue Shield Dropping Many of Their Good Plans!
Old 01-22-2010, 05:09 PM   #2
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DS4 on Blue Shield Dropping Many of Their Good Plans! - Insurance Forum
 
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Blue Shield Dropping Many of Their Good Plans! Re: Blue Shield Dropping Many of Their Good Plans!
Originally Posted by insurehound View Post
What is going on here in CA? Anthem is purging some of their good plans and now Blue Shield doing the same? They are getting rid of most of the Shield Spectrum plans!
BlueShield of Ca is closing 7 plans to new enrollment.
Do you see the common coverage component of the 7 plans being closed??
As of 3.01.10, BS of Ca will only have 3 plans that cover maternity.
The 2400HSA was the only salable plan of the bunch and with the addition of the 1800HSA, I won't miss any of them.

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D. Dayton Sayer IV
Dayton Sayer Insurance Agency, Inc.

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  Reply With Quote to Blue Shield Dropping Many of Their Good Plans!
Old 01-22-2010, 06:19 PM   #3
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Blue Shield Dropping Many of Their Good Plans! Re: Blue Shield Dropping Many of Their Good Plans!
Thats interesting. Do you think this due to your states current economic difficulties, the national political climate, or other?....

Dropping matternity coverage? Is there a baby boom in cali? You guys getting busy more than us over here on the east coast???
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Old 01-22-2010, 06:33 PM   #4
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Dave020 on Blue Shield Dropping Many of Their Good Plans! - Insurance Forum
 
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Blue Shield Dropping Many of Their Good Plans! Re: Blue Shield Dropping Many of Their Good Plans!
Originally Posted by scagnt83 View Post
Thats interesting. Do you think this due to your states current economic difficulties, the national political climate, or other?....

Dropping matternity coverage? Is there a baby boom in cali? You guys getting busy more than us over here on the east coast???
Other.

This action is HIPAA-related (GI) and in direct response to the actions of Anthem Blue Cross on January 8th (related to preparatory actions Anthem took late last fall) with regard to the HIPAA portfolio.
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Last edited by Dave020; 01-22-2010 at 06:38 PM.
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Old 01-22-2010, 06:39 PM   #5
DS4
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DS4 on Blue Shield Dropping Many of Their Good Plans! - Insurance Forum
 
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Blue Shield Dropping Many of Their Good Plans! Re: Blue Shield Dropping Many of Their Good Plans!
Originally Posted by scagnt83 View Post
Thats interesting. Do you think this due to your states current economic difficulties, the national political climate, or other?....
Other. Lack of demand.
6 of the 7 plans had OV copays, Rx copays.
All had maternity.
For the past several years, all my sales have been HSA's.
What Dave said above also.

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D. Dayton Sayer IV
Dayton Sayer Insurance Agency, Inc.

"The most valuable commodity I know of is information" Gordon Gekko

Last edited by DS4; 01-22-2010 at 06:44 PM.
  Reply With Quote to Blue Shield Dropping Many of Their Good Plans!
Old 01-22-2010, 06:53 PM   #6
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Dave020 on Blue Shield Dropping Many of Their Good Plans! - Insurance Forum
 
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Blue Shield Dropping Many of Their Good Plans! Re: Blue Shield Dropping Many of Their Good Plans!
It all went down like this:

Fall 2009 - Anthem whacks Share PPO plan portfolio and creates 2 new plans (3500, 7500)

Jan 1, 2010 HIPAA portfolio - (rate guides were provided for 2010)

Anthem:
PPO Share 1500
PPO Share 2500
PPO Share 5000
Basic 1000 PPO

Blue Shield:
Spectrum PPO 1500 (twice, once each registration)
Spectrum PPO 2000 (twice, once each registration)

Jan 8, 2009 (released Jan 11, 2010 quietly - new rates released and drop date of 1/15 for old plans (note: advisory on this e-mailed out 1/16 (one day after sunset ;-)))

(New) Anthem HIPAA (1/15 and after):
Select HMO (replaces PPO Share 1500)
Saver HMO (replaces PPO Share 2500)
PPO Share 5000 (DOI remains)
Basic 1000 PPO (DOI remains)

Jan 19, 2010 - word on change from Blue Shield who just release rates for 2010 HIPAA effective 2/1/10. No one can comment until Friday (today).

Jan 22, 2010:

Blue Shield whacks the Spectrum PPO portfolio and makes the following adjustments to the HIPAA portfolio effective 3/2/10:

PPO 5500 (replaces Spectrum PPO 1500)
HMO Access + (replaces Spectrum PPO 2000)
Spectrum PPO 5000 (replaces DOI 1500 PPO)
Spectrum Savings HSA 4000 (replaces DOI 2000 PPO).



All of that within 10 business days.
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Last edited by Dave020; 01-22-2010 at 06:57 PM.
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Old 01-22-2010, 07:26 PM   #7
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CHUMPS FROM OXFORD on Blue Shield Dropping Many of Their Good Plans! - Insurance Forum
 
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Blue Shield Dropping Many of Their Good Plans! Re: Blue Shield Dropping Many of Their Good Plans!
Just the opposite here. Anthem adding plans including a 50% co-insurance plan that makes the Assurant Right-Start look decent!
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Old 01-22-2010, 09:42 PM   #8
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Blue Shield Dropping Many of Their Good Plans! Re: Blue Shield Dropping Many of Their Good Plans!
thats just craziness
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Old 01-22-2010, 09:54 PM   #9
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Blue Shield Dropping Many of Their Good Plans! Re: Blue Shield Dropping Many of Their Good Plans!
Originally Posted by CHUMPS FROM OXFORD View Post
Just the opposite here. Anthem adding plans including a 50% co-insurance plan that makes the Assurant Right-Start look decent!
I wish Anthem would add a 20% co-insurance option on their co-pay plans here and offer an unlimited Rx rider. Right now the $2500 and $5k deductibles on co-pay plans are 100% co-insurance....they would be totally killing the market if they did what I just suggested.

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  Reply With Quote to Blue Shield Dropping Many of Their Good Plans!
Old 01-23-2010, 11:26 AM   #10
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insurehound on Blue Shield Dropping Many of Their Good Plans! - Insurance Forum
 
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Blue Shield Dropping Many of Their Good Plans! Re: Blue Shield Dropping Many of Their Good Plans! insurehound is the thread starter for: Blue Shield Dropping Many of Their Good Plans!

Dave, sorry I am a bit slow. What does HIPAA have to with this? Are they taking a beating on GI?

Spectrum 2000 was one of our top sellers as we felt it was good, solid all-around plan. Seems like quality is disappearing.

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Political dissident who needs to focus on selling insurance to stay sane
  Reply With Quote to Blue Shield Dropping Many of Their Good Plans!
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