North Carolina became the latest state to put Friday Health Plans in receivership, with Insurance Commissioner Mike Causey announcing his department will file a petition for receivership.
Additional clarification on the recent SEP Duration update has been provided.
For Medicare Advantage Plans, we are still to follow the guidelines in the 42 CRF, Subchapter B, Part 422 - Medicare Advantage Program, guidance, Sec. 422.62(b)(18), and For Part D, Part 423. Both apply the 2 month, etc. guidance. This is also referenced in the MMCM, Chapter 2 Enrollment and Disenrollment (p. 46). What is in Part 406 does not supersede the guidance in Part 422. For reference, you can view the information here.
Columbian Life's new cash payout program will replace the CFG Sales Conference for 2024. With a potential payout of over $15,000, no reduction from outstanding balances, and pro-rata qualifications, this program is an exciting change for the new year.