On February 29, 2016, the Center for Consumer Information and Insurance Oversight (CCIIO) issued guidance that allows the states the option to extend transitional policies for individual and small group health insurance plans to policy years beginning on or before October 1, 2017 provided that all policies end by December 31, 2017.
Pursuant to that option provided to the states by CCIIO, the State of Nebraska will allow transitional policies, for both the individual and small group health insurance markets, to continue until December 31, 2017. The Department would advise insurers to continue to monitor CCIIO’s website for any subsequent guidance that may be issued on this subject and to follow it accordingly.
As before, all other plans issued after January 1, 2014 must be ACA compliant.
Questions concerning this notice may be directed to Martin Swanson, Administrator for Health Policy, at martin.swanson@nebraska.gov, or at (402) 471-2201.
