Meritus Health Placed Under Supervision
Two Arizona health insurance companies have been placed under supervision by the Arizona Director of Insurance, Andy Tobin. Director Tobin filed an Order for Supervision on October 30, 2015, to place Meritus Health Partners and Meritus Mutual Health Partners into supervision. Meritus declined to consent to the Order for Supervision. The Meritus companies’ ability to write new policies or renew existing policies is suspended. The Centers for Medicare and Medicaid Services has removed the Meritus plans from the Marketplace. Director Tobin, appointed as Supervisor under Arizona law, will oversee the two companies.
Under Supervision, both Meritus companies will honor their individual and group health insurance plans through the end of 2015. As part of the Order for Supervision, Meritus may not issue new policies or renew existing policies. Current Meritus policyholders should seek new coverage for 2016 when Open Enrollment begins November 1, 2015. An affected policyholder may contact the Marketplace to inquire about a Special Enrollment Period, if the policyholder needs more time to select a non-Meritus plan. Currently, there are expected to be eight companies on the Exchange in Arizona representing roughly 120 individual plans, and three companies offering approximately 15 small group plans. There are additional plans available off the Marketplace, as well.
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