Important Notice Regarding Mid-Term Replacement of Health Insurance Coverage in the Nongroup and Small Group Marketplaces

Wednesday, August 28, 2013
Insurance Bulletin #179

The purpose of this bulletin is to notify Insurers and Producers who sell in the nongroup and small group health insurance marketplaces that the Department will be scrutinizing any sales activity that needlessly results in consumers being subjected to multiple out-of-pocket expenditures, including co-payments, coinsurance, deductibles or other cost sharing mechanisms.  At issue is the effect on consumers of a mid-term policy replacement made prior to January 1, 2014 (the effective date of the Vermont Health Exchange).

Insurance Bulletin #17965.96 KB

These documents are not legal documents but are placed here for reference purposes only. For a legal copy please contact the department.