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Insurance Commissioner Stewart Announces an Agreement with Carriers in Delaware to Extend Cancelled Policies

Insurance Commissioner | Date Posted: Monday, November 25, 2013



DOVER – As a result of President Obama’s federal waiver, Commissioner Stewart entered into a dialogue with the health insurance carriers in an effort to provide earlier renewals of existing health insurance plans. The Commissioner is pleased to announce that an agreement has been reached with the carriers to offer early renewals for current policies whose term of coverage was to end on or before March 31, 2014. Commissioner Stewart is very concerned with individuals that may be in a position of being without any coverage as a result of the inability to renew these policies. Commissioner Stewart stated that she is, “very happy that the carriers have agreed to provide an early renewal opportunity for these policyholders.”

Consumers that are affected by this agreement and take advantage of this option must renew their policy on or before December 31, 2013. All policies with an effective date after January 1, 2014 must be in compliance with Delaware law. The carriers have indicated that individuals with questions regarding their policies should direct those questions to their agent or broker.

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DOI Seal
Delaware Department of Insurance Seal

“Protecting Delawareans through regulation and education while
providing oversight of the insurance industry to best serve the public.”

http://www.delawareinsurance.gov/

Contact: Marla Blunt-Carter
(302) 577-5259
Marla.Blunt-Carter@delaware.gov

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Insurance Commissioner Stewart Announces an Agreement with Carriers in Delaware to Extend Cancelled Policies

Insurance Commissioner | Date Posted: Monday, November 25, 2013



DOVER – As a result of President Obama’s federal waiver, Commissioner Stewart entered into a dialogue with the health insurance carriers in an effort to provide earlier renewals of existing health insurance plans. The Commissioner is pleased to announce that an agreement has been reached with the carriers to offer early renewals for current policies whose term of coverage was to end on or before March 31, 2014. Commissioner Stewart is very concerned with individuals that may be in a position of being without any coverage as a result of the inability to renew these policies. Commissioner Stewart stated that she is, “very happy that the carriers have agreed to provide an early renewal opportunity for these policyholders.”

Consumers that are affected by this agreement and take advantage of this option must renew their policy on or before December 31, 2013. All policies with an effective date after January 1, 2014 must be in compliance with Delaware law. The carriers have indicated that individuals with questions regarding their policies should direct those questions to their agent or broker.

###

 

DOI Seal
Delaware Department of Insurance Seal

“Protecting Delawareans through regulation and education while
providing oversight of the insurance industry to best serve the public.”

http://www.delawareinsurance.gov/

Contact: Marla Blunt-Carter
(302) 577-5259
Marla.Blunt-Carter@delaware.gov

image_printPrint

Related Topics:  , , ,


Graphic that represents delaware news on a mobile phone

Keep up to date by receiving a daily digest email, around noon, of current news release posts from state agencies on news.delaware.gov.

Here you can subscribe to future news updates.