IHC is advertising their STM's with up-to 364 days of coverage:
http://www.thinkihc.com/products/brochures/SecureSTM_Web_0912.pdf
$2 million max benefit (with this product)
-------------------------
I've seen (in the past) that SOME states offered up-to 364 days, but NOT all (states).
This may have changed over the past year.
(State laws may have been relaxed...in anticipation of 2014.)
For instance:
BCBS-Tx has been offering up-to 11 months STM covg for about 1 yr now.
Prior to that, I don't think that Texas STM's could exceed 185 days.
Check YOUR state (for specifics).
------------------------
Here's the July "rule" that I've been looking for:
https://s3.amazonaws.com/public-inspection.federalregister.gov/2013-16271.pdf
See Triggering Events for an SEP on page 601.
(Total pages of the document = 606)
(So, just go to the bottom & count up if you don't see page numbers.)
Losing an STM policy does NOT appear to trigger an SEP!!!!!!!
But, if an STM policy is set to expire on 1/1/2015, policyholder could shop the Marketplace during end-of-2014 Open Enrollment (for an effective date of 1/1/2015).
--------------------------------
I'll bet we'll see more-and-more of these STM's available with up-to 364 days of coverage.
http://www.thinkihc.com/products/brochures/SecureSTM_Web_0912.pdf
$2 million max benefit (with this product)
-------------------------
I've seen (in the past) that SOME states offered up-to 364 days, but NOT all (states).
This may have changed over the past year.
(State laws may have been relaxed...in anticipation of 2014.)
For instance:
BCBS-Tx has been offering up-to 11 months STM covg for about 1 yr now.
Prior to that, I don't think that Texas STM's could exceed 185 days.
Check YOUR state (for specifics).
------------------------
Here's the July "rule" that I've been looking for:
https://s3.amazonaws.com/public-inspection.federalregister.gov/2013-16271.pdf
See Triggering Events for an SEP on page 601.
(Total pages of the document = 606)
(So, just go to the bottom & count up if you don't see page numbers.)
Losing an STM policy does NOT appear to trigger an SEP!!!!!!!
But, if an STM policy is set to expire on 1/1/2015, policyholder could shop the Marketplace during end-of-2014 Open Enrollment (for an effective date of 1/1/2015).
--------------------------------
I'll bet we'll see more-and-more of these STM's available with up-to 364 days of coverage.