IMPORTANT – INFORMATION FOR ALL FILERS – FILING DEADLINES
“Off-Exchange” Filing Deadlines
In connection with recent communication from the U.S. Department of Health and Human
Services, “off-exchange” products must be guaranteed issued year-round except and
unless enrollment is restricted to the open enrollment periods established in the
individual and small group market exchanges, as applicable. Consequently, carriers
that intend to restrict enrollment in the individual market in Virginia to the individual
exchange open enrollment period (10/1/13 through 3/31/14) must secure both form
and rate approvals prior to October 1, 2013. Similarly, carriers that intend to
restrict enrollment in the small group market in Virginia to the small group exchange
open enrollment period (11/15/13 through 12/15/13) when the employer group does
not meet contribution or group participation rules, must secure both form and rate
approvals prior to November 15, 2013.
Accordingly, and in order to allow sufficient time for the review of forms and rates,
all individual market and small group form and rate filings must be received by
the Bureau of Insurance no later than August 30, 2013.