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Businesses can continue to buy large group health insurance plans

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Dover, Del. — Aetna Health, Inc. and Highmark BlueCross BlueShield Delaware will offer businesses that employ 51 to 100 workers the opportunity to renew their group health insurance policies at “large group” rates for policy plan years beginning on or before Oct. 1, 2016, according to Insurance Commissioner Karen Weldin Stewart.

Stewart issued a departmental bulletin earlier this year notifying issuers in the large group market about the opportunity provided by the Affordable Care Act.

“The large group renewal offer is welcome news for Delaware businesses of this size who currently purchase insurance in the large group market,” said Stewart. “Beginning January 1, 2016, the ACA will redefine these companies as small businesses, who would then have to shop for a plan in the small group market.”

For more information, visit the DOI’s Bulletins page, or go to  http://tinyurl.com/kp794gt. See bulletin No. 75, under the “Domestic/Foreign Insurers Bulletins” category.

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