Many of the states have issued directives and guidance relating to COVID-19, and more are doing so on a daily basis. These directives and guidance address numerous insurance regulatory issues including: premium forbearance, out of network and balance billing issues, cost sharing under health insurance policies, telehealth requirements, regulatory compliance issues including licensing and other issues. Our legal team at Steptoe & Johnson is tracking the action:
We’ve also created a sample grassroots letter for our members to use, adapt, and send to their state insurance regulators.
The NAIC has created a Coronavirus Resource Center with links to health and regulatory information, as well as media pieces on the impact on business and insurance.
Coronavirus was also declared a pandemic by the WHO, here’s NAIC’s guide to pandemics and insurance.
NIPR has information on state insurance department licensing bulletins related to COVID-19.