Some clients look at the quotes we send them and immediately ask, “How long are these rates good for?”
Blue Cross Blue Shield of Arizona currently raises their rates once a year, typically about 10%. The annual rate increase applies to everybody- they do not raise your rates based on the claims you submit. Here is how they describe it in their brochure: “BCBSAZ periodically reviews and adjusts premiums for its individual coverage, but you cannot be singled out for a rate increase as a result of your personal medical claims. Your rates can be adjusted only if they are changed for all customers in your health plan and age category.”
The Blue Cross rates will also go up when you turn 25, 30, 35, 40, 45, 50, 55, or 60 years old and enter a new age category.
It is true that some less ethical insurance companies do raise your rates due to claims. However, Blue Cross is a very reputable company and you will never have to worry about that type of situation. Lehrman Group only represents top-rated Arizona health insurance companies, and none of the companies we represent will raise your rates because of a claim.
