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Broker News | October 2016 | Vol. 11 No. 11
Broker News | October 2016 | Vol. 11 No. 11

Small Group Retiring Package Update

New information regarding group and member notices.

In June and August we announced that notices for retiring packages would be mailed to the group 90 days in advance of their 2017 renewal date.

We have recently been informed by the NY State Department of Finance that all of our retired plans now fall under the category of Uniform Modification.  This distinction is important because Uniform Modification requires a different notice than the 90 day notice. 

Groups and members in Uniformly Modified plans will receive an Annual Rate Notice (ARN) 60 days prior to their renewal date. 

The ARN will include a replacement plan that groups and members will be automatically transitioned into on the group’s renewal date.   If the group would like to elect a different package, you should work with your dedicated Account Manager.  A copy of the ARN will be available on Information Connection at that time.

For your reference, the following off exchange retired plans will now receive an ARN notice 60 days prior to their 2017 renewal date (the plans identified did not change since the last communication).
 

Availability

Retiring Package

Replacement Package

Off Exchange

SimplyBlue Plus Platinum 1

SimplyBlue Plus Platinum 2

Off Exchange

SimplyBlue Plus Gold 2

SimplyBlue Plus Gold 3

Off Exchange

SimplyBlue Plus Gold 11

SimplyBlue Plus Gold 17

Off Exchange

SimplyBlue Plus Silver 1

SimplyBlue Plus Silver 2

Off Exchange

SimplyBlue Plus Silver 3

SimplyBlue Plus Silver 4

Off Exchange

SimplyBlue Plus Silver 5

SimplyBlue Plus Silver 6

Off Exchange

SimplyBlue Plus Silver 7

SimplyBlue Plus Silver 6

Off Exchange

SimplyBlue Plus Silver 10

SimplyBlue Plus Silver Standard

Off Exchange

SimplyBlue Plus Bronze 1

SimplyBlue Plus Bronze 3


For your reference, the following on exchange retired plans will now receive an ARN notice 60 days prior to their 2017 renewal date (the plans identified did not change since the last communication).
 

Availability

Retiring Package

Replacement Package

On Exchange

SimplyBlue Plus Platinum 1

SimplyBlue Plus Platinum 2

On Exchange

SimplyBlue Plus Gold 6

SimplyBlue Plus Gold 17

On Exchange

SimplyBlue Plus Silver 3

SimplyBlue Plus Silver 2

On Exchange

SimplyBlue Plus Bronze 2

SimplyBlue Plus Bronze 3


Small Group On-Exchange Update - Groups/Members enrolled in a retired plan through the NY State of Health Marketplace (on Exchange) will no longer have to choose a new product for 2017.  The State will automatically transition the Group into the replacement plan stated on the Annual Rate Notice.

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