This is one of a series of posts designed to update clients and prospective clients with what is happening on the individual and family health insurance markets.
In 2014, Cigna will only offer individual and family coverage directly, and not through the Covered California marketplace.
Can I keep my current plan? Cigna is providing a unique opportunity for all 2013 clients: automatic plan renewal on December 31, 2013. This means you can keep your current Cigna plan until the end of 2014.
Are my rates going up? Current Cigna clients who keep their current plans will see a moderate rate increase as of January 1, 2014 (between 5% – 14%, depending on when your Cigna plan last renewed). New Cigna plans for 2014 are likely to cost more.
Do I need to do anything to change to a new, compliant plan? Your current Cigna plan will be grandfathered in 2014 and considered to be qualified, minimum coverage under the Affordable Care Act. You may consider alternate plan options from the same carrier, or consider changing to a carrier that better meets your needs.
Is the network of providers changing? Yes. Like most PPO carriers, Cigna has negotiated a new network of PPO providers. Their current PPO network for California individual subscribers is the Open Access Plus PPO. The new network name is Local Plus. You can search both networks to see if your preferred doctors and hospitals participate.
Can I view all of the new 2014 plan options and rates? Not yet.
Cigna has promised a November 1 release of new rates and plans. UPDATE 11/8/13: Cigna expects to have 2014 plans and rates loaded and available for quoting on November 16th.
Please note that Cigna will only offer coverage to residents of 9 California counties in 2014. Northern CA: Alameda, Contra Costa, San Francisco, San Mateo, and Santa Clara. Southern CA: L.A., Orange, Inland Empire, and San Diego. After November 1, please visit this page which will let you access direct 2014 quotes from all of the major carriers, as well as submit a quick-apply application when you are ready.
Are these the same plans that are available through Covered CA? Cigna is the only major California carrier that will not offer plans through the Covered California marketplace.
Are there HSA-compatible options? Cigna has indicated they will offer a $3,400 deductible and a $6,100 deductible plan, both HSA-compatible.
I know I won’t qualify for a tax credit or subsidy. How do I apply? Please use the Quick-Apply links and select the carrier logo. Remember, there are no more health questions on individual applications. We expect many people to be pleasantly surprised at how quick and easy applying for coverage will be for 2014 and beyond. Please contact us if you need assistance with your online application, or would prefer a paper application.