The AVMA Group Health and Life Insurance Trust (GHLIT) recently sent a letter to its medical insurance participants indicating that New York Life Insurance Company (NYL), the underwriter for the GHLIT, intends to discontinue offering medical insurance coverage in the association market at the end of this year. As a result, GHLIT medical insurance coverage for AVMA members will be ending at midnight Dec. 31, 2013.
The AVMA and the GHLIT are very dismayed by this decision, as we know how important medical insurance is for you and your family. If you’re affected by the NYL decision, you undoubtedly have questions. GHLIT has posted numerous resources on its website for your information, including the letter explaining NYL’s business decision, answers to frequently asked questions and a press release.
We understand the significance of this change and the confusion it may create. Be assured that the GHLIT remains dedicated to your protection and is working with its business partners to establish options to assist you with your transition to other medical insurance coverage in 2014. We will have more information in the coming weeks and will continue to communicate with GHLIT members who are affected on a regular basis.
Please contact the GHLIT at 800-621-6360 if you have any questions or concerns. Thank you for your understanding and your patience.