Termination of Fully Insured Groups With Unpaid Invoices

Reminder for fully insured groups: Please be aware that if a group’s premium payment is not received by us within 31 days of the due date, the group’s contract will be retroactively terminated effective the first day of the previous month.

We bill in the month prior to the coverage month. Payment is due by the first of the coverage month. Groups are allowed a 31-day grace period. For example, we will bill in October for November coverage. Payment will be due by Nov. 1. If we do not receive payment by Dec. 1, the group’s contract will be terminated effective Nov. 1.

Groups should ensure their bill is paid in full each month to avoid termination. Any membership adjustments will be reflected on the next billing cycle.

If we do not receive payment by five days after the due date, a reminder letter is sent to the group leader. If we do not receive payment by 15 days after the due date, we send a delinquent letter to the group leader with a cc to the broker on file.

A group may request a reinstatement review once and will need to sign the applicable reinstatement form.

If you have questions, please contact your insurance agent/broker or a member of your BCBSNE account management team.