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Reminder: Updated Fee Structure for Fully Insured Plans Starting in 2026

Dec. 31, 2025

(Applies to Fully Insured Groups*)

Important changes are being implemented that will impact all Fully Insured lines of business. Starting the 2026 plan year, Insufficient Funds or Non-Sufficient Funds (NSF) fees and late payment fees will be applied across all Fully Insured groups. These changes are designed to:

  • Encourage timely premium payments
  • Support consistent financial practices
  • Minimize administrative delays caused by returned payments

What’s changing

  • NSF fees will be assessed when a payment is returned due to insufficient funds.
  • Late payment fees will be charged when premium payments are not received by the due date.

More detailed information – including fee amounts and how this will appear on invoices – will be communicated soon. Our goal is to ensure transparency and provide ample time for customers to prepare.

We encourage all brokers, customers and account managers to begin reviewing internal payment processes now.

 

*This article, or a similar version, is being shared with employer groups in our employer newsletter or news alert.