Recently, Aetna notified our brokerage of some important changes that will be taking place this year. Essentially, if you are currently covered individually by Aetna or CoventryOne, your coverage ends December 31, 2017.
“As a result of financial risk and an uncertain outlook for the Individual marketplace, Aetna (including Coventry) has decided that we will no longer offer individual health products in the following states AR, AZ, CT, FL, GA, IL, KS, KY, LA, ME, MI, MO, NC, OH, PA, SC, TN, TX, UT, and WV for 2018.
Your clients’ existing coverage in these states will continue until their policy period ends onDecember 31, 2017. They will not be able to renew their plan when their policy term ends.
The 2018 Open Enrollment Period runs from November 1 through December 15, 2017; however your clients will have a Special Enrollment Period. They must select a plan from another carrier no later than December 31, 2017 to ensure there is no gap in coverage on January 1, 2018.”
Source: Aetna and CoventryOne individual and families