JUNE/JULY 2014       
INDUSTRY NEWS                         

COBRA - Marketplace Special Enrollment Period

The Centers for Medicare and Medicaid (CMS) recently issued guidance regarding a Marketplace Special Enrollment Period for COBRA beneficiaries.  A summary of this guidance:

 

 

  • The Department of Health and Human Services (HHS) regulations provide special enrollment periods for plans in the Marketplace to individuals eligible for COBRA when: 
    1. such individuals initially are eligible for COBRA due to a loss of other minimum essential coverage; and 
    2. such individuals' COBRA coverage is exhausted. 

 

  • In addition, COBRA beneficiaries are able to choose plans in the Marketplace during the annual open enrollment period and if they are determined eligible for any other special enrollment periods outside of the open enrollment period.

 

  • HHS is providing an additional special enrollment period so that persons eligible for COBRA are able to select plans in the Marketplace.

 

  • Affected individuals  must contact the Marketplace call center by July 1, 2014, at 1-800-318-2596 to take advantage of the special enrollment period.  They should inform the Marketplace call center that they are calling about their COBRA benefits and the Marketplace.

 

 

The CMS guidance document can be obtained by clicking here.

 

ABS agents or groups with related questions can contact Client Services at 586-693-4300 for further assistance.

 

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