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Current as of January 02, 2025 | Updated by Findlaw Staff
(a) Premium payment. A QHP issuer must—
(1) Follow the premium payment process established by the Exchange in accordance with § 155.240.
(2) At a minimum, for all payments in the individual market, accept paper checks, cashier's checks, money orders, EFT, and all general-purpose pre-paid debit cards as methods of payment and present all payment method options equally for a consumer to select their preferred payment method.
(3) For payments in the individual market made using a payment method described in paragraph (a)(2) of this section, accept premium payments made by or on behalf of an enrollee in connection with an individual coverage HRA (as described in § 146.123(b) of this subchapter) or qualified small employer health reimbursement arrangement (as described in section 9831(d)(2) of the Internal Revenue Code of 1986, as amended) in which the enrollee is enrolled.
(b) [Reserved]
Cite this article: FindLaw.com - Code of Federal Regulations Title 45. Public Welfare § 45.156.1240 Enrollment process for qualified individuals - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-45-public-welfare/cfr-sect-45-156-1240/
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