News Briefs

CMS said on Aug. 4 that in light of the COVID-19 public health emergency, it will allow insurers operating in the individual and small-group markets to offer one or more months of temporary premium reductions for customers this year. Insurers in those markets are generally prohibited from changing premiums midway through the year. Previously, CMS permitted HealthCare.gov issuers to extend premium payment deadlines and delay cancellation for non-payment of premiums, and it allowed them to prepay to enrollees all or part of the estimated medical loss ratio rebate for the 2019 MLR reporting year. Read more at https://go.cms.gov/2DrEMZF.

Pending regulatory approvals, Oscar Insurance Corp. will offer health insurance in four new states during the upcoming individual market open enrollment period, for a total footprint of 19 states. The company also launched a new $0 Virtual Primary Care product, which offers free telehealth visits “with a dedicated team of Oscar primary care providers,” and free Tier 1 prescriptions, durable medical equipment, labs, diagnostic imaging orders and initial specialist referrals. The new plans also feature $0 “vitals monitoring kits” and in-home lab draws when ordered by an Oscar primary care provider. Read more at http://on.hioscar.com/2C5Hp2L.

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AIS Health Staff

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