PHOENIX, May 8, 2014 /PRNewswire-USNewswire/ -- "We are very pleased with the Arizona Department of Insurance's (DOI) announcement today," said Jeff Stelnik, a Blue Cross Blue Shield of Arizona (BCBSAZ) senior vice president. The DOI released a statement giving insurers the option to renew plans that would otherwise have been cancelled under the Affordable Care Act.
Members affected are those who purchased plans between March 24, 2010 and Dec. 31, 2013.
"We support the decision and will renew effective plans on their renewal date. It aligns with what we advocate for everyday—giving our members choice," Stelnik said.
Members can expect to receive ongoing communication about what this means to them. At the time of renewal, they will receive information about any changes to their plans or their premiums. Our goal is to make sure they understand their options.
About Blue Cross Blue Shield of Arizona
Blue Cross Blue Shield of Arizona (BCBSAZ), an independent licensee of the Blue Cross and Blue Shield Association, is the largest Arizona-based health insurance company. Celebrating its 75th anniversary, this not-for-profit company provides health insurance products, services or networks to Arizonans across the state. With offices in Phoenix, Flagstaff, Tucson and the East Valley, the company employs more than 1,300 Arizonans. Follow BCBSAZ at www.facebook.com/bcbsaz or on Twitter at @bcbsaz to get information on health and wellness, a knowledgeable perspective on health insurance reform, and become a part of what we're doing in your community.
SOURCE Blue Cross Blue Shield of Arizona