Common use of Changes in Coverage Clause in Contracts

Changes in Coverage. PIC may discontinue offering all health insurance in the individual market. If that happens, PIC will provide you with written notice that coverage is being discontinued, as required by law. The coverage provided under this contract and the premiums due for that coverage may change each year. Such changes may include changes in order to meet federal regulatory requirements, or state regulatory requirements to the extent that such requirements are not preempted by federal regulatory requirements, or to ensure that this contract maintains the actuarial value for the designated metal levels as defined in the Affordable Care Act. Any change in coverage required by statute or regulation becomes effective according to statute or regulation. PIC may also modify or non-renew this contract on a uniform basis among all individuals with the same coverage as long as such change is in compliance with applicable federal law, or state law to the extent that such law is not preempted by federal law. PIC may also non-renew this contract if the subscriber has permanently moved outside the Minnesota service area for this contract. This contract is guaranteed renewable at a premium rate that does not take into account your claims experience or your health status. If coverage is modified, PIC will provide you written notice of the change, as required by law.

Changes in Coverage. PIC may discontinue offering all health insurance in the individual market. If that happens, PIC will provide you with written notice that coverage is being discontinued, as required by law. The coverage provided under this contract and the premiums due for that coverage may change each year. Such changes may include changes in order to meet federal regulatory requirements, or state regulatory requirements to the extent that such requirements are not preempted by federal regulatory requirements, or to ensure that this contract maintains the actuarial value for the designated metal levels as defined in the Affordable Care Act. Any change in coverage required by statute or regulation becomes effective according to statute or regulation. PIC may also modify or non-renew this contract on a uniform basis among all individuals with the same coverage as long as such change is in compliance with applicable federal law, or state law to the extent that such law is not preempted by federal law. PIC may also non-renew this contract if the subscriber has permanently moved moves outside the Minnesota service area for this contract. This contract is guaranteed renewable at a premium rate that does not take into account your claims experience or your health status. If coverage is modified, PIC will provide you written notice of the change, as required by law.