* Says will resume marketing of MAPD products immediately
* Says may start enrolling beneficiaries from September
* Says PDP to not get new low-income subsidy auto-assignees
Aug 2 Insurer Health Net Inc said the
Centers for Medicare & Medicaid Services (CMS) has lifted
marketing and enrollment sanctions against its Medicare
In November last year, CMS imposed sanctions against Health
Net relating to its compliance with certain Medicare rules and
regulations, suspending marketing and enrollment of new members
into all its Medicare programs.
The company provides health benefits through individual,
Medicare, Medicaid and military Tricare and veterans affairs
Health Net said in a filing that its Medicare Prescription
Drug Plans (PDP) will not receive any new low-income subsidy
auto-assignees from CMS at this point.
But low-income subsidy members can choose to enroll in its
products during the upcoming annual enrollment period, the
Health Net said it will resume marketing of its Medicare
Advantage and Prescription Drug Plan (MAPD) products
It may also start enrolling beneficiaries beginning
September 1, 2011.
(Reporting by Kavyanjali Kaushik in Bangalore; Editing by