If you have not heard, President Obama announced yesterday that insurers will be permitted to renew existing health plans in the individual and small group markets that were in effect on October 1, 2013 and that do not meet the ACA’s requirements for minimum essential coverage and the law’s market reforms. Plans will be permitted to renew these policies only for existing policyholders, and policies can be renewed for a policy year starting between January 1, 2014, and October 1, 2014. State insurance commissioners will maintain their authority to decide which plans can and cannot be sold in their respective states.

So what does that mean for you? It is going to take some time for the various carriers to provide us with the answers you need. We have reached out to each of our carrier representatives and they have all told us that they are working diligently with the local State & Federal regulators to determine what they can and cannot do for their insured’s. If you have received a cancellation notice from your medical provider, please call us immediately so that we can address the situation before it is too late.

We will be sure to update you with any new information as we get it. We know how frustrating this is for you and we are here as your advocates during this upheaval.