As we await official word from the Department of Financial Services, we received notification today from CareConnect outlining their market exit strategy. We are expecting a formal broker blast from CareConnect later today, and communications to groups, employees, and individuals will start to go out early next week.
Yesterday, DFS approved the following strategy:
We are working with our carrier partners to mitigate any disruption to your employer groups. Yesterday, Oxford released the attached CareConnect mapping strategy to help. We have also attached the network slicks that were released earlier this week.
Please reach out to us with any additional questions. As we get more updates and strategic plans from our other carrier partners, we will share that information with you.