MS| Bulletin 2025-1, from the Mississippi Insurance Department, provides guidance for issuers of individual, small group, and stand-alone dental plans regarding the 2026 plan year. Issuers must adhere to specific deadlines and submission processes for form and rate filings, with particular attention to the uncertainty surrounding the extension of enhanced premium tax credit (PTC) subsidies. The bulletin emphasizes the importance of timely submissions to ensure adequate review.
Key Points:
- Filing Deadlines: Form filings for 2026 must be submitted by May 14, 2025, and rate filings by June 20, 2025, via SERFF, with QHP applications due to CMS by July 16, 2025.
- Subsidy Assumptions: Issuers are instructed to submit primary rates assuming PTC subsidies expire at the end of 2025, along with alternative documentation if subsidies are extended.
- Timely Submissions: Companies are encouraged to file early to avoid compressed review timelines and ensure their filings are complete before federal deadlines.