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The Daily Guide - Waynesville, MO
  • Missouri to allow health insurance companies to continue cancelled plans

  • Missouri Gov. Jay Nixon recently announced that health insurance plans set to expire at the end of the year will be allowed to continue into 2014.
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  • Missouri Gov. Jay Nixon recently announced that health insurance plans set to expire at the end of the year will be allowed to continue into 2014.
    The Missouri Department of Insurance will notify health insurers serving the individual and small group markets statewide that "any Missouri-compliant plans previously set to expire on Dec. 31 would be allowed to continue into 2014," according to a press release from Nixon's office.
    "Today's announcement seeks to address the recent uncertainty and disruptions policyholders have faced as a result of federal regulations and is yet another example of how states are better-positioned to provide efficient and effective oversight of the insurance market," Nixon said.
    Director of Missouri Department of Insurance John M. Huff said his office would "expedite the process for health insurance companies wishing to continue their Missouri-compliant plans into next year.
    "The department has not identified any Missouri law prohibiting this coverage to continue, so we will continue to communicate with affected Missouri insurance companies to ensure that the best interests and needs of the consumers are met," Huff said.
    On Nov. 14, the Centers for Medicare & Medicaid Services (CMS) issued a letter to states, which states that a transitional policy will allow policyholders to continue their coverage which would otherwise have been cancelled for non-compliance with Obamacare reforms.

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