Health Insurance Policy Cancellations Uncommon in 2014

According to a Health Reform Monitoring Survey, nearly all of those with ESI reported that they did not receive a letter about changes to their plan in 2015 or received a letter. Key findings include:

Nongroup coverage (directly purchased)

• 5.6% - received letter stating the plan was cancelled because it did not meet new coverage requirements or because of an unknown reason.
• 2.2% - received letter stating the plan was cancelled because it did not meet coverage requirements.
• 3.4% - received letter stating the plan was cancelled, but recipient does not know why.

Employer Sponsored Coverage (ESI)

• 0.6% - received letter stating the plan was cancelled because it did not meet new coverage requirements or because of an unknown reason.
• 0.3% - received letter stating the plan was cancelled because it did not meet coverage requirements.
• 0.3% - received letter stating the plan was cancelled, but recipient does not know why.

Source: Health Reform Monitoring Survey