On Thursday November 15th, President Obama announced that insurance companies could extend cancelled insurance plans through 2014. In his speech, he granted discretion to insurance companies to allow people to stay on their existing plan, but did not require them to do so, nor is it clear that individual states will allow such renewals. Read More
However, Blue Shield of California announced that it is still their position that nothing has changed in terms of Blue Shield’s decision to not renew any association plans for 2014, including not renewing the JACL Health Benefits Trust association plans.
Therefore, it is important for all subscribers of the JACL Health Benefits Trust to know that their current health insurance plan will cancel as scheduled on 12/31/13, and that you will need to re-enroll in a new health plan by December 15, 2013, in order to maintain coverage. You could still enroll after this date without penalty, but your effective date would be February 1, 2014, or later.