Public health insurance exchange managers outside California and Hawaii may not be having much luck using the individual market nap period to focus on small-group coverage sales. Reports on Small Business Options Program (SHOP) sales are scarce, but, in most of the states that do release SHOP numbers, the numbers look small.

Regulators, insurers and exchange managers developed an “open enrollment period” system for the individual qualified health plan (QHP) market to try to keep consumers from waiting until they get sick to pay for coverage. The open enrollment period for individual QHP shoppers started Oct. 1 and straggled to an end sometime between March 31 and mid-April in most states. Consumers who want to apply for individual QHP coverage today have to qualify for a special enrollment period (SEP).

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2024 ALM Global, LLC. All Rights Reserved.