Moratorium on Health Insurance Provider Fee

CT seal Commissioner Wade STATE OF CONNECTICUT INSURANCE DEPARTMENT BULLETIN HC-119 FEBRUARY 21, 2018 TO: ALL INSURANCE COMPANIES, FRATERNAL BENEFIT SOCIETIES, HOSPITAL SERVICE CORPORATIONS, MEDICAL SERVICE CORPORATIONS AND HEAL TH CARE CENTERS THAT DELIVER OR ISSUE GROUP HEAL TH INSURANCE POLICIES IN CONNECTICUT SUBJECT: MORATORIUM ON HEALTH INSURANCE PROVIDER FEE The Affordable Care Act created an annual fee on certain health insurance providers based on market share beginning in 2014. On January 22, 2018, H.R. 195 of the 115 th Congress was signed by the President and became Public Law No. 115-120. Section 4003 of P.L. No. 115-120, suspends collection of the health insurance provider fee for the 2019 calendar year 1• Insurance carriers have included a portion of the 2019 fee as part of the 2018 premium charged to employer groups with plan years beginning between January 1, 2018 and December 1, 2018. All carriers that have approved group rates for plan years beginning in 2018 are directed to refile such rates for second, third and fourth quarter of 2018 to remove the fee for the portion of the plan year in 2019. For groups with plan years beginning February 1, 2018 through March 31, 2018, carriers are directed to provide a credit or refund of the 2019 fee to the employer group in the 2018 plan year. Filings should be submitted no later than March 1, 2018. Small employer carriers may include any additional rate changes requested for third and fourth quarter in accordance with Bulletin HC-106 in the March 1 rate filing submission. Questions Please contact the Insurance Department Life and Health Division at cid.lh@ct.gov with any questions. Katharine L. Wade Insurance Commissioner 1 H.R. 1 9 5 - 115th Congress (2017-2018) , https://www.congress.gov/bill/l l5th-congress/house-bill/l 95/text www.ct.gov/cid P.O. Box 816 • Hartford, C T 06142-0816 An Equal Opportunity Employer