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Tag Archives: Al Redmer

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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Westminster American comeback 12 years in the making

From Left, John J. Scott, Jr., Esq., CIC , President & CEO with Michael Pfarr, Chief Financial Officer. Photo by Maximilian Franz

In 2004, the Carroll County Mutual Insurance Company was on its last legs. After nearly 135 years in business, the company was under state receivership resulting from deficient underwriting practices. “Normally what [The Maryland Insurance Administration] does is gradually unwind the ...

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Md. insurance regulator hears Evergreen’s case to become for-profit

Peter Beilenson, founder of Evergreen Health Cooperative, says his company is seeing higher enrollment on the state's exchange than last year. (The Daily Record/Maximilian Franz)

Evergreen Health and its investors made their case in a public hearing Wednesday that converting the Affordable Care Act co-op into a for-profit health insurance provider would be in the public interest. Maryland Insurance Commissioner Al Redmer said he expected a ...

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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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