January 1, 2014, and any corresponding portions of the Employee Retirement Income Security Act (ERISA) and the Internal Revenue Code (Code):
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Section 2701 (relating to fair health insurance premiums);
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Section 2702 (relating to guaranteed availability of coverage);
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Section 2703 (relating to guaranteed renewability of coverage);
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Section 2704 (relating to the prohibition of pre-existing condition exclusions or other discrimination based on health status), with respect to adults, except with respect to group coverage;
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Section 2705 (relating to the prohibition of discrimination against individual participants and beneficiaries based on health status), except with respect to group coverage;
3
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Section 2706 (relating to non-discrimination in health care);
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Section 2707 (relating to comprehensive health insurance coverage);
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Section 2709, as codified at 42 U.S.C. § 300gg-8 (relating to coverage for individuals participating in approved clinical trials). The specified conditions are the following:
http://www.businessinsider.com/obamacare-fix-letter-to-state-insurance-commissioners-obama-2013-11
State agencies responsible for enforcing the specified market reforms are encouraged to adopt the same transitional policy with respect to this coverage. Though this transitional policy was not anticipated by health insurance issuers when setting rates for 2014, the risk corridor program should help ameliorate unanticipated changes in premium revenue. We intend to explore ways to modify the risk corridor program final rules to provide additional assistance.
Sincerely,
/Signed, GC,
November 14, 2013/
Gary Cohen Director Center for Consumer Information and Insurance Oversight