Tag Archives: chet burrell

Significantly higher insurance premiums approved for 2018 on Md. health exchange

Maryland Insurance Commissioner Al Redmer. (File)

Marylanders insured through the individual health exchange will see substantially higher premiums in 2018, though not as high as insurers wanted, after Maryland Insurance Commissioner Al Redmer approved final rates Friday. Redmer approved average rate increases of 34.5 and 50 ...

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Turmoil on Maryland’s health insurance exchange

Carefirst CEO Chet Burrell (File)

One Maryland insurer dropped out of the Maryland individual health insurance market, another projected double-digit enrollment declines and two more refiled to ask for rate increases higher than previously requested as state regulators Wednesday found themselves dealing with dramatic changes ...

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Rate hike requests will test future of Md. health insurance exchange

Maryland Insurance Commissioner Al Redmer will have the final say on Maryland’s rates for 2018. (Illustration by Maximilian Franz)

High rate increase requests have left health insurance regulators in Maryland with this challenge: At a time when insurers are pulling out of the individual markets in state after state, how high can you allow them to raise their prices without inflicting ...

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