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January 12, 2010

OCI Bulletin to Insurers Regarding ARRA Premium Subsidy Benefit Extension

Filed under: Billing and PaymentWhitney Vallier @ 11:24 am

The Wisconsin Office of the Commissioner of Insurance (OCI) recently posted a bulletin to insurers concerning ARRA amendments extending the eligibility period and duration of the ARRA premium subsidy benefit.  The amendments extended the eligibility period for an additional two months (through February 28, 2010) and extended the premium subsidy duration by an additional 6 months (from 9 to 15 months).

OCI issued the bulletin to inform insurers that, even if they are not subject to federal COBRA, OCI expects insurers to comply with the new ARRA premium subsidy provisions for group health plans with less than 20 employees who are required to comply with the Wisconsin continuation and conversion law, Wisconsin Statutes section 632.897.

Read OCI’s bulletin here. Wisconsin Statutes section 632.897 can be found here.