MD | On July 30, 2020, the Maryland Insurance Administration issued Bulletin 20-30. It immediately suspended health benefit cancellations and nonrenewals of individual health policies for non-payment of premiums.
Today, the Administration issued a revised version of Bulletin 20-30. It allows insurers to cancel/not renew policies due to nonpayment of premium if all of the following conditions are met:
- Open Enrollment or the Coronavirus Emergency Special Enrollment Period offered by the Maryland Health Benefit Exchange (“Exchange”) is in effect; AND
- The health carrier has complied with the grace period and notice requirements set forth in the policy being terminated; AND
- The health carrier provides an additional written notice of date of termination at least 10-days prior to the effective date of termination that includes a disclosure statement in at least 12-point bold type advising the member that the Exchange is offering a Coronavirus Emergency Special Enrollment Period, that subsidies for the payment of premium may be available, if the member is eligible; that coverage through the Exchange does not depend on the payment of any premium owed under the policy being terminated; and providing the web address and toll-free number for the Maryland Health Connection; AND
- The termination is effective on the last day of a month.
Click here to read the revised bulletin in full.