How does the policy affect current HMSP holders who are submitting renewal applications?

Once an HMSP becomes non-temporary, section 385.407 no longer applies to the carrier’s ability to renew its HMSP.  Therefore, as long as an HMSP holder submits its biennial update (MCS-150B) and is not in violation of any of the conditions for suspension or revocation in section 385.421, the HMSP remains valid.