MS Insurance Bulletin 2016-2

Rate Filing Guidance for Individual, Small Group, and Stand-Alone Dental Plans in Mississippi

Year: 2016Length: 340 wordsOfficial source
[LOGO] # MISSISSIPPI INSURANCE DEPARTMENT MIKE CHANEY Commissioner of Insurance State Fire Marshal MARK HAIRE Deputy Commissioner of Insurance 501 N. WEST STREET, SUITE 1001 WOOLFOLK BUILDING JACKSON, MISSISSIPPI 39201 www.mid.state.ms.us MAILING ADDRESS Post Office Box 79 Jackson, Mississippi 39205-0079 TELEPHONE: (601) 359-3889 FAX: (601) 359-2474 # MISSISSIPPI INSURANCE DEPARTMENT BULLETIN 2016-2 TO: ALL ISSUERS OF SINGLE RISK POOL INDIVIDUAL AND SMALL GROUP HEALTH INSURANCE PRODUCTS AND STAND-ALONE DENTAL PLANS IN MISSISSIPPI FROM: MIKE CHANEY COMMISSIONER OF INSURANCE DATE: MARCH 31, 2016 SUBJECT: FORM AND RATE FILING GUIDANCE FOR INDIVIDUAL, SMALL GROUP, AND STAND-ALONE DENTAL PLANS IN MISSISSIPPI ### I. Purpose This bulletin provides guidance for filers of individual, small group and stand-alone dental plans (SADP), offered inside or outside of (or both) the Federally-Facilitated Marketplace (FFM), that wish to issue or renew plans in Plan Year 2017. ### II. 2017 Plan Year Filing Deadlines In accordance with the United States Department of Health and Human Services (HHS) Notice of Benefit and Payment Parameters for 2017 and the 2017 HHS Letter to Issuers, the form and rate filing submission deadline for PPACA-compliant products (including stand-alone dental plans) in Mississippi's individual and small group markets is May 11, 2016. This deadline is applicable to products sold inside or outside of (or both) the FFM. ### III. Filing Process Plan and rate filings for applicable products should be made via the System for Electronic Rate and From Filing (SERFF) by May 11, 2016. Rate filings are expected to comply with the submission requirements outlined in MID Bulletin 2011-7. Issuers seeking to offer Qualified Health Plans (QHPs) through the FFM must also follow the QHP certification process outlined in the 2017 HHS Letter to Issuers and related guidance. In accordance with these rules, QHP applications must be submitted to the Centers for Medicare & Medicaid Services (CMS) via the Health Insurance Oversight System (HIOS) by May 11, 2016. Please direct any questions to the Life and Health Actuarial Division at 601-359-2012. Issued the 31st day of March, 2016. MIKE CHANEY COMMISSIONER OF INSURANCE
MS Insurance Bulletin 2016-2: Rate Filing Guidance for Individual, Small Group, and Stand-Alone Dental Plans in Mississippi | Justis AI