Cigna Corp. is tapping the brakes on brokers selling subsidized exchange coverage through its broker portal.
The Centers for Medicare & Medicaid Services is changing the system it uses to calculate Patient Protection and Affordable Care Act premium tax credit subsidies, and Cigna says it wants to make sure CMS has completed testing before it starts selling subsidized coverage.
Cigna says brokers should be able to start submitting subsidized coverage applications next month.
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Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
