That is, premium deferment options similar to what we're seeing in the group market:
The key is that the Feds seem to be allowing such flexibility, not requiring it. And, as we've noted with the group extended grace period offer, these premiums are *deferred*, not waived; that is, the piper will eventually have to be paid.
Be careful...
Full text of notice here.
Updates shortly.
(CMS) posted Payment &; Grace Period Flexibilities Issuers Offering Coverage FFM & SBE, CMS will exercise enforcement discretion to permit issuers lans (QHPs) & (SADPs) to extend payment deadlines for initial payments as well as ongoing premiums during the period of the COVID-19— HAFA (@TheNolanGroup) March 25, 2020
The key is that the Feds seem to be allowing such flexibility, not requiring it. And, as we've noted with the group extended grace period offer, these premiums are *deferred*, not waived; that is, the piper will eventually have to be paid.
Be careful...
Full text of notice here.
Updates shortly.
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