; Anthem Blue Cross And Blue Shield In Missouri Introduces New Deductible Credit Program On Select Individual Plans
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Press Release

Anthem Blue Cross And Blue Shield In Missouri Introduces New Deductible Credit Program On Select Individual Plans

February 13, 2012

ST. LOUIS – More and more Missouri consumers are looking for less expensive options for basic individual health care coverage and are asking what they can do to save on cost for their family’s health care coverage. Often consumers don’t reach their health care coverage deductible, so Anthem Blue Cross and Blue Shield (Anthem) has introduced an enhanced Deductible Credit Program on select individual health products including SmartSense and Premier.

With the Deductible Credit Program, eligible subscribers who have not met their health insurance deductible in the preceding calendar year can receive a credit that they may apply to their deductible, lowering the expenses they have to pay out of pocket. If subscribers do not meet the deductible in a calendar year, the credits are not redeemed and roll over to the next year. The credits can continue to increase until they equate to half of the deductible.

“This program is a great fit for a person who rarely meets his or her deductible, but wants to be prepared for emergencies as well as a person who would prefer to pay a higher deductible in order to have lower monthly premiums,” said Steve Martenet, president, Anthem Blue Cross and Blue Shield in Missouri. “This is a special offering for Individual customers who are looking to get the most out of their health coverage plan. It’s a program that puts money into a Special Incentive Account when you don’t meet your deductible, and grows that account to use for medical costs or whatever you want.”

If a subscriber is eligible, a Special Incentive Account is automatically set up. When health care claims for one year are less than the deductible, Anthem credits an amount equal to 20 percent of the deductible into the subscriber’s account for the next calendar year.

“At Anthem we care deeply about our Missouri customers and communities. We don’t want the cost of health care coverage to continue to increase,” Martenet said. “As we move forward, we’ll continue to focus on providing plan options like Anthem’s Deductible Credit Program and making more tools available to help members better manage health and out-of-pocket costs.”

For more information about the Deductible Credit Program and other Anthem products, contact your local Anthem Blue Cross and Blue Shield agent or visit us at www.ANTHEM.com .

About Anthem Blue Cross and Blue Shield in Missouri
In Missouri (excluding 30 counties in the Kansas City area) Anthem Blue Cross and Blue Shield is the trade name for RightCHOICE(R) Managed Care, Inc. (RIT), Healthy Alliance(R) Life Insurance Company (HALIC), and HMO Missouri, Inc. RIT and certain affiliates administer non-HMO benefits underwritten by HALIC and HMO benefits underwritten by HMO Missouri, Inc. RIT and certain affiliates only provide administrative services for self-funded plans and do not underwrite benefits. Independent licensees of the Blue Cross and Blue Shield Association. (R)ANTHEM is a registered trademark of Anthem Insurance Companies, Inc. The Blue Cross and Blue Shield names and symbols are registered marks of the Blue Cross Blue Shield Association. Additional information about Anthem Blue Cross and Blue Shield in Missouri is available at www.anthem.com . Also, follow us on Twitter at www.twitter.com/healthjoinin , on Facebook at www.facebook.com/HealthJoinIn , or visit our YouTube channel at www.youtube.com/healthjoinin .

The Blue Cross and Blue Shield Association is a national federation of 37 independent, community-based and locally-operated Blue Cross and Blue Shield companies that collectively provide healthcare coverage for more than 105 million members – one-in-three Americans.  For more information on the Blue Cross and Blue Shield Association and its member companies, please visit bcbs.com. We encourage you to connect with us on Facebook, check out our videos on YouTube, follow us on Twitter and check out The BCBS Blog, for up-to-date information about BCBSA.