New Small Group ACA termination policy
effective October 1
As an important Small Group partner, we want to
keep you informed of upcoming policy changes. Starting October 1, we must
receive written confirmation of customer renewal acceptance in advance of
the customer renewal date for all Aetna small groups.
This means that beginning with all October 1 renewal dates, we must
receive written confirmation in advance of the policy renewal date.
Written confirmation may include signed renewal acceptance from the
customer delivered by mail, fax or email. Note: premium payment received
in advance of the renewal date will also be considered renewal
acceptance.
If we haven’t received written acceptance of the renewal, or renewal
alternates, from the customer in this time frame, we will initiate termination of the policy on
the renewal date.
This change allows us to provide new and renewing members with access to
correct medical and pharmacy benefits in a timely manner. And it helps us
prevent paying claims incurred after the termination date. Please help us
avoid member disruption by sending your group’s renewal intentions before
the renewal date.
If you have any
questions, please contact your Aetna representative.
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