HealthAmerica/Coventry: Small Group Customer’s Can Renew Existing Plan

The Pennsylvania Insurance Department recently approved the extension announced by the U.S. Department of Health and Human Services (HHS) to allow small employers to keep their current plans for two years, with the possibility of adding a one-year extension.

HealthAmerica will offer small group customers, starting with the July 2014 renewals, the option to renew existing plans (plus any other federal/state requirements) or elect an ACA-compliant plan.

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The information provided is for informational purposes only and does not constitute legal advice. The information above contains only a summary of the applicable legal provisions and does not purport to cover every aspect of any particular law, regulation or requirement. Depending on the specific facts of any situation, there may be additional or different requirements. This is to be used only as a guide and not as a definitive description of your compliance obligations.