In 2023, a company learned that their health insurance carrier, Humana, was exiting the market. So they looked to Anthem, attracted by a larger care provider network and potential cost savings.
Anthem delivered a seamless transition and significant savings for the company in the first year. In addition, partnership with a national carrier with strong local roots gave the company peace of mind.
Like many companies making a health plan change, costs were key. Anthem worked closely with the company on an innovative solution that achieved greater cost savings.
Besides more plan options and a larger network, Anthem offered more-competitive provider contracts and whole-health programs with integrated dental, vision, and supplemental health for additional savings. Anthem also introduced a customized solution that earns the company a return on lower-than-expected claims. In the first year, favorable claims1 resulted in:
$0 rate increase
$152K return credited
to the company's next year's premiums
Added value and savings
from opting into our whole-health solution
Anthem made the switch easy for the company. Local Anthem experts were brought in early to support benefit administrators during the transition, including providing training on Anthem’s online employer portal for easy enrollments and billing.
Anthem also worked directly with the company’s 200-plus employees, engaging them with their new benefits at multiple on-site enrollment meetings. They helped employees register and understand how to use the SydneySM Health app, Anthem’s award-winning health app for accessing benefits and care.2
While Anthem’s local roots run deep, providing the client company with access to dedicated local experts with decades of experience, 100,000 associates across our family of companies extend that reach nationally.3
Anthem’s detailed reporting will continue tracking the company’s trending health issues and conditions. With this information, Anthem can help the company customize programs more targeted to its employee health needs to help improve health outcomes and lower overall healthcare costs.
In addition, the Sydney Health app is making it easier for Anthem members to access care when and where they need it. Recent studies show the Find Care tool resulted in:4
198K virtual visits
with wait times 3x faster than in‑person urgent care
Average savings of $176
per employee for in‑network care
We are very pleased with our decision to move to Anthem and honestly wish we had considered them years ago. The implementation process was personalized and smooth. They have delivered the lowest renewal we have ever seen.” – Company Benefits Director
We are very pleased with our decision to move to Anthem and honestly wish we had considered them years ago. The implementation process was personalized and smooth. They have delivered the lowest renewal we have ever seen.”
Anthem is ready for you. We’ll work with your company to make the transition easy, delivering a health plan solution with value, simplicity, and stability for you, your employees, and their families. Please contact your broker or Anthem Sales representative to start planning your switch today.