Cigna + Oscar Small Group Discontinuance as of 12/15

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Published: 06.10.2024

Oscar and Cigna Healthcare made the decision to not renew Cigna + Oscar small group plans nationally as of December 15, 2024.
 
Cigna + Oscar will continue to provide coverage for Cigna + Oscar small group services through the end of each member’s policy, and specific timing is dependent on each groups’ enrollment date.
 
Key Dates to Know:

• Cigna + Oscar will no longer enroll new small groups beginning January 1, 2025.
  • The last date for an employer to start a new policy with Cigna + Oscar will be December 15, 2024.
• Cigna + Oscar will not renew small group plans beginning January 1, 2025.
  • The last Cigna + Oscar small group plans renewed will be those with effective dates of December 15, 2024.
  • The last date of member coverage in the market will be December 14, 2025.

Cigna + Oscar will notify plan sponsors and covered individuals of the discontinuance according to required federal and state timelines.

If you have any questions, please contact your Savoy Sales Team.