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NCOIL to work on discontinued policy model

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The National Conference of Insurance Legislators (NCOIL) is trying to get ready for the possibility that the Patient Protection and Affordable Care Act (PPACA) will lead to a boom in discontinued health plans.

Members of the NCOIL Executive Committee decided at the group’s recent annual meeting to set about developing a model law on discontinued insurance plans.

NCOIL’s Health, Long-Term Care and Health Retirement Committee has been looking at the issue for months.

The committee wants insurers to tell enrollees in a closed block of business how likely they are to face premium increases and to inform the enrollees about any available options, NCOIL said. 

NCOIL President Charles Curtiss, who serves as a state representative in Tennessee, said in a statement that consumers “need to know what they can do if they are stuck in a discontinued health plan.”

“Very often, as the number of people in a pool shrinks, premiums rise, and consumers confronting a major illness can be left holding the bag,” Curtiss said.

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