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As a result of the federal Affordable Care Act, carriers offering non-grandfathered small group health plans in this state may be subject to substantially differing filing deadlines depending upon whether the carrier is seeking certification of the plan as a Qualified Health Plan under the Affordable Care Act. This bulletin harmonizes state and federal filing deadlines in order to ensure, consistent with the purposes of both state and federal law to facilitate insurance competition, that no carrier may obtain an unfair competitive advantage as the result of a competing carrier’s obligation to comply with federal filing deadlines. Accordingly, on a one-time basis only, the following timeline is established for rate and form filings for carriers offering non-grandfathered small group health plans in this state to be effective during 2014.
NOTE: This Bulletin is intended solely for informational purposes. It is not intended to set forth legal rights, duties, or privileges, nor is it intended to provide legal advice. Readers should consult applicable statutes and rules and contact the Bureau of Insurance if additional information is needed.
Last Updated: April 8, 2014
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