MT CSI Advisory Memorandum of 2018-06-29

Non-Grandfathered/Transitional Policies informational bulletin

Year: 2018Length: 205 wordsOfficial source
COMMISSIONER OF SECURITIES & INSURANCE MATTHEW M. ROSENDALE, SR. COMMISSIONER [LOGO] OFFICE OF THE MONTANA STATE AUDITOR ## Informational Bulletin ## Non-Grandfathered/Transitional Policy To: Health Issuers providing Non-Grandfathered/Transitional Coverage in the small group and/or individual market From: Matthew M. Rosendale, Sr. Date: June 29, 2018 Re: Bulletin from the Centers for Medicare & Medicaid Services' – Insurance Standards Bulletin Series -- INFORMATION - Extension of Transitional Policy through 2019, dated April 9, 2018 NON-GRANDFATHERED/TRANSITIONAL POLICY On April 9, 2018, CMS issued a bulletin which “extends the Centers for Medicare & Medicaid Services’ (CMS) transitional policy to policy years beginning on or before October1, 2019, provided that all such policies end by December 31, 2019.” (Bulletin) The Montana Commissioner of Securities and Insurance hereby adopts the CMS transitional policy for individual and small group policies for 2019. Health insurance issuers must be in compliance with the requirements and terms of the Bulletin. See the Bulletin at: https://www.cms.gov/CCIIO/Resources/Regulations-and-Guidance/Downloads/Extension-Transitional-Policy-Through-CY2019.pdf This Bulletin will be issued to the CSI website at www.csi.mt.gov and placed in SERFF. Phone: 1-800-332-6148 / (406) 444-2040 / Main Fax: (406) 444-3497 Securities Fax: (406) 444-5558 / PHS Fax: (406) 444-1980 / Legal Fax: (406) 444-3499 840 Helena Ave., Helena MT 59601 Website: www.csi.mt.gov E-Mail: csi@mt.gov
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