Massachusetts Announces Special Open Enrollment for Medicaid
MA | The Massachusetts Division of Insurance today issued Bulletin 2023-09. It announces a special open enrollment related to the end of the federal Medicaid maintenance of effort protections and the federal public health emergency. The bulletin details eligibility requirements for the special open enrollment and provides a timeline for compliance by insurers. Click here […]
Montana Publishes 2024 Network Adequacy Templates
MT | Following the release of an advisory memorandum about its 2024 form, rate, and network adequacy filing requirements, the Montana Commission of Securities & Insurance now offers network adequacy templates for download from its website. Click here to go to the Advisory Memos page, and then click the appropriate View File button to download […]
Tennessee Declares Moratorium on Policy Cancelations/Non-Renewals in Wake of Tornados
TN | The Tennessee Department of Commerce and Insurance today issued Bulletin 23-01. It requests that insurance companies suspend the cancelation or non-renewal of policies for the non-payment of premiums for a period of sixty (60) days. Click here to read the bulletin for additional information.
Wyoming Addresses Suitability and Annuity Transactions
WY | The Wyoming Department of Insurance today issued a memorandum to insurers, producers, and continuing education providers. It announces the recent update to Chapter 64: Regulation Governing Suitability and Annuity Transactions. The regulation takes effect on July 5, 2023. The updated chapter also addresses continuing education requirements for annuities producers. The deadline for completing […]
Alaska Explains Insurer Responsibilities for Third-Party Liability in Medicaid
AK | The Alaska Division of Insurance today issued Bulletin B 23-03. It reminds insurers of two new third-party liability requirements introduced by the federal Consolidated Appropriations Acts, 2022 (CAA). These requirements involve payment of claims and prior authorizations and a third-party payer’s responsibility to respond promptly to inquiries from regulators. Click here to read […]
AID Authorizes Early Prescription Refills for Tornado Survivors
AR | The Arkansas Insurance Department today issued Bulletin 6-2023. It authorized early refills for prescription medications for residents affected by the March 31, 2023, tornado. Click here to read the bulletin for additional information.
South Carolina Issues Rates & Forms Filing Timeline
SC | The South Carolina Department of Insurance today issued a memorandum explaining the timeline for small-group health and Exchange-certified stand-alone dental coverage plans for the 2024 calendar year. It also includes a list of points for issuers to keep in mind as they prepare their submissions. Click here to read the memorandum for specific […]
New Jersey Addresses Underwriting and Pricing Considerations for Kia and Hyundai Autos
NJ | The New Jersey Department of Banking and Insurance today issued Bulletin No. 23-04. It reminds carriers offering private passenger automobile policies of state regulations concerning fairness in coverage. Click here to read the bulletin for detailed information.
Tennessee Addresses Suitability in Annuity Transactions
TN | The Tennessee Department of Commerce and Insurance today issued Bulletin 23-02. It provides clarification for insurance companies and agents regarding the state’s new standard for suitability in annuity transactions. Specific topics include: The new rule takes effect on January 1, 2024. Click here to read the bulletin for specific information.
Medicaid Eligibility Annual Renewals to Resume Effective April 1, 2023
DE | The Delaware Department of Insurance today issued Universally Applicable Bulletin No. 7. It announces that the state’s standard Medicaid eligibility renewal process will resume on April 1, 2023. It also designates several special enrollment periods. Click here to read the bulletin for more information.