DENVER— Today, the Colorado Division of Insurance (DOI) announced that they have asked the courts to move Friday Health Plans of Colorado into liquidation, which will end coverage for Friday Health Plans customers on August 31, 2023.
Chief Executive Officer of Connect for Health Colorado, Kevin Patterson, released the following statement:
State Agencies Work Together to Keep Nevadans Insured
Nevada Health Link, Nevada Medicaid and Division of Welfare and Supportive Services (DWSS) continue to engage Nevadans whose health coverage may be impacted by the Public Health Emergency ending
(CARSON CITY, Nev.) – Nevada Health Link, Nevada Medicaid and the Division of Welfare and Supportive Services (DWSS) are working together to ensure Nevadans enrolled on Medicaid are informed about the Medicaid renewal process that has resumed as a result of the Public Health Emergency (PHE) ending. The state agencies are working to keep Nevadans insured by encouraging them to fill out their redetermination packets in the mail and if they are no longer eligible for Medicaid, to seek affordable health insurance coverage through the state marketplace, Nevada Health Link.
A few weeks ago, I reported that both Nevada and Oklahoma had placed insolvent insurance carrier Friday Health Plans under receivership, leaving just two states left to do so (North Carolina and Colorado, which happens to also be the home to Friday's corporate headquarters).
It turned out that I was correct about Oklahoma, but had jumped the gun slightly re. Nevada; the insurance commissioner had petitioned the court to put Friday into receivership, but hadn't actually done so yet.
Friday Health Plans, Inc., the parent company of Friday Health Plan of Colorado, ,Inc. (HMO), has announced that it will begin to wind down its business activities throughout the country, working in close conjunction with state regulators, including the Colorado Division of Insurance.
In recent months, it became apparent that the parent company would need to raise substantial capital to continue. Friday was ultimately unable to raise that capital and on June 1, Friday Health Plans, Inc. (Parent) stated publicly that they would begin to wind down.
...Well, just one day after the Bright Healthcare bombshell news broke, Texas-based health insurance broker Jenny Chumbley Hogue sounded the alarm on another large carrier bailing on Texas next year:
And its confirmed. Email received from Friday. Buckle up folks! Individual OEP in Texas is going to be a bumpy ride! https://t.co/AMNJ4rPyr3
First Wave of Nevada Medicaid Redeterminations Happening Now
Those who lose health coverage through Medicaid can look for plans on NevadaHealthLink.com
(CARSON CITY, Nev.) – As the state unwinds from the federal public health emergency, the Division of Welfare and Supportive Services (DWSS) has begun the reevaluation of all Medicaid enrollments for the first time since 2020 during which you may lose coverage under Medicaid. In April, the first wave of recipients received their renewal packets in the mail. Those who did not respond or who no longer qualify based on income or other factors will lose their benefits starting June 1, 2023. Nevada Health Link is available as the go-to resource to help people stay insured.
...Well, just one day after the Bright Healthcare bombshell news broke, Texas-based health insurance broker Jenny Chumbley Hogue sounded the alarm on another large carrier bailing on Texas next year:
An estimated 200,000 Nevadans may be redetermined ineligible for Medicaid benefits over the next 14 months, but NevadaHealthLink.com has options to keep them insured
(CARSON CITY, Nev.) – Starting April 1, all Nevadans on Medicaid will start to have their accounts redetermined on an annual basis for the first time since before the COVID-19 pandemic, causing many Nevadans to potentially lose their health care coverage. Nevada Health Link is helping to coordinate the transfer of qualifying applications to NevadaHealthLink.com to ensure Nevadans stay covered.
Nevada Health Link Celebrates the 13th Anniversary of the Affordable Care Act
Over 800,000 Nevadans have enrolled in affordable health coverage thanks to the ACA and Nevada Health Link’s ongoing community partnerships and outreach initiatives
(CARSON CITY, Nev.) – Nevada Health Link commemorates 13 years since the Affordable Care Act (ACA) was signed into law by President Barack Obama. The ACA is credited for the creation and ongoing operations of Nevada Health Link, Nevada’s state agency that facilitates the sale of qualified health and dental plans. Since the inception of the ACA, Nevada Health Link has enrolled over 800,000 individuals to get connected to budget-appropriate health coverage through the online health insurance marketplace, NevadaHealthLink.com.
Nevada Health Link Enrolled 96,379 Nevadans in Health Insurance During Open Enrollment
(CARSON CITY, NV) – Nevada Health Link is excited to announce that 96,379 Nevadans have enrolled in qualified, affordable health insurance plans during this year’s Open Enrollment Period (OEP), which ran from November 1, 2022 through January 15, 2023.
Of the over 96,000 Nevadans who enrolled in health insurance plans through NevadaHealthLink.com, 18,117 were new enrollees, meaning they were not previously enrolled in a plan on the marketplace.
“We are thrilled that thousands of Nevadans have taken advantage of their health and financial protection by enrolling in health plans this Open Enrollment,” said Ryan High, Executive Director of Nevada Health Link. “Our top priority is ensuring Nevadans are protected and have access to quality coverage and health care.”
