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Summary of Benefits Health Net
Change in Probationary Period Options for Group Clients
In order to be in line with the rest of the market and comply with state regulations, Health Net is removing the First of the Month Following (FOMF) 60-day waiting period option for California groups retroactive to January 1, 2014.
What happens next?
- Groups that began coverage or renewed in January 2014 and elected or retained the FOMF 60-day waiting period option will need to elect a new waiting period. We will identify and notify these groups and brokers.
- Upon renewal throughout 2014, Small Business Groups with waiting periods that exceed 60 days will default to a FOMF 30-day waiting period.
- Health Net will revise pertinent forms, renewal notices and other documents, including the Master Application, to remove the FOMF 60-day waiting period option. (Email dated 1.27.2014)
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