Arches Health Plan to wind down operations.
Arches has been honored to provide a new kind of health care to Utahns – and we thank you for being part of this journey.
Unfortunately, today we were asked by the State Department of Insurance to wind down our business due to a shortfall in the federal governments “Risk Corridor” program, and other factors beyond our control.
This means that we will not be eligible to participate on the Exchange, or provide health insurance in 2016.
Arches Health Plan Wind Down Frequently Asked Questions (FAQs)
You will need to purchase health insurance from another company. If you have an individual plan, contact your insurance agent, the nonprofit navigators at Take Care Utah (http://www.takecareutah.org or call 2-1-1), or shop on Healthcare.gov starting November 1. If you are on a group plan at work, talk to your human resources representative.
Yes. You must keep paying your premium through the end of your plan year to keep your coverage. If you have an individual policy through Healthcare.gov, your plan year ends December 31, 2015. You will need to have new coverage effective January 1, 2016.
Yes. As long as you have been paying your premium, any doctor visits or procedures that you make prior to the end of your plan year will be paid by Arches.
Yes. The Arches provider network should remain stable. When you shop for your new health insurance plan, remember to verify that your regular doctor is included on the network you choose.
No. All contracts between Arches and providers are valid and will remain in force.