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Employee Benefits Syracuse NY Insurance, Retirement Specialists in Syracuse NY

April 8, 2020

NY State Issues Emergency Regulation Deferring Premium Payments

On April 8th, 2020 New York State issued an emergency regulation which requires all health insurance carriers to defer premium payments by individuals and small group plans until June 1st, 2020 if they demonstrate financial hardship due to COVID-19.

The carriers must also continue to pay claims and to work with those who need assistance in transitioning to alternate coverage. Additional details

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