Oscar and Cigna Healthcare have made the decision not to renew Cigna + Oscar Small Group plans nationally as of December 15, 2024.
They 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.
Dates:
- Starting on January 1, 2025, Cigna + Oscar will no longer accept new small groups.
- December 15, 2024, is the final day on which an employer can begin a new coverage with Cigna + Oscar.
- Starting on January 1, 2025, Cigna + Oscar will not be renewing Small Group plans.
- Plans having an effective date of December 15, 2024 will be the final Cigna + Oscar Small Group plans to be renewed.
- December 14, 2025, is when member coverage in the market will expire.
As per the federal and state deadlines, Cigna + Oscar will inform plan sponsors and insured persons about the discontinuation. Oscar will stay active in the individual market and concentrate on that area of the company’s operations.
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