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    industry updates9

    Important and up to date news regarding the insurance industry.

    Individual Health Insurance

    American Rescue Plan and the Marketplace

    CMS has released information on how the newly signed American Rescue Plan Act of 2021 will affect the marketplace.

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    American Rescue Plan Recently Signed

    The American Rescue Plan was recently signed into law. In combination with the 2/15—5/15 Special Enrollment Period, this COVID-19 relief bill gives ACA agents and brokers a unique opportunity to enroll new and existing clients in more affordable coverage without a qualifying life event. 

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    New Special Enrollment Period Announced

    An ACA Special Enrollment Period will begin on February 15th. Americans impacted by the ongoing pandemic will have another opportunity to enroll in a health insurance plan. This SEP will run from February 15th to May 15th.

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    Oscar Extends Most Payment Deadlines

    Be sure to pay your clients’ bills in order to activate 1/1 coverage! Oscar has extended most payment deadlines to 1/31, so there’s still time to pay for 1/1 coverage and ensure your clients’ coverage starts on time.

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    CMS's Help On Demand

    Help On Demand is a real-time consumer assistance referral system that connects consumers seeking assistance with Marketplace-registered, state-licensed agents, and brokers in their area who can provide immediate assistance with Marketplace plans and enrollments.  Only agents and brokers who have completed Marketplace training and registration are eligible to participate in Help On Demand. 

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