Md. regulator finds Erie Insurance unlawfully discriminated in Baltimore
An insurer used pretextual metrics to justify rejecting eligible Maryland customers in urban areas with large minority populations, the state's insurance regulator claims.
Montgomery Park loses Md. Supreme Court appeal in bid for MIA’s lease
A unanimous Maryland Supreme Court has ruled against Montgomery Park in its effort to reopen the bidding for the Maryland Insurance Administration’s lease.
Md. high court will hear Montgomery Park’s bid for insurance administration lease
The Montgomery Park building’s back-and-forth legal battle to reopen the bidding for the Maryland Insurance Administration’s lucrative Baltimore lease will go before the state’s top court.
Montgomery Park loses appeal in bid for MIA’s lease
Montgomery Park has lost the latest legal battle in its back-and-forth effort to reopen the bidding for the Maryland Insurance Administration’s lease.
Franchot says contract board ruling means MIA lease should be nixed
The owners of the property that lost the contract as a result of the violation contend the ruling voids the lease.
Hearing slated on protest of MIA’s Baltimore office lease
The fight over whether the state acted properly in jettisoning its competitive bid process to award the Maryland Insurance Administration's lease to a downtown Baltimore property owner is slated for its next round.
Downtown Maryland Insurance Administration lease headed for spending board
Maryland’s spending board is expected to vote on leasing office space for the Maryland Insurance Administration in downtown Baltimore despite the Montgomery Park development initially winning a competitive bid process for the contract. The board’s agenda for Wednesday was amended Friday to include a proposed 10-year lease with Kornblatt Co. for 68,771 square feet of […]
Insurers file for lower rates as the individual market stabilizes
Carriers in Maryland’s individual health market have requested average rate decreases for the second straight year, signaling that after several years of steep rate increases a reinsurance program has stabilized the market. Last year, carriers initially requested large increases. However, after the state negotiated a reinsurance program with the federal government, rates decreased by an [&hellip[...]
Maryland Insurance Administration ditches plan to move
The Maryland Insurance Administration is staying put in downtown Baltimore, at least for now. Spokeswoman Tracy Imm said Friday the agency had decided not to relocate to Montgomery Park from its current location at St. Paul Plaza. “We decided that a move was not in the best interest of the state, our employees or those […]
Md. to consider health insurance market’s present, future
A busy week is in store for health policy in Maryland as regulators, advocates, consumers and insurers consider the present and future of the state’s individual market. Monday, the Maryland Insurance Administration will hear from insurers and the public as it decides where it will set premiums for the 2019 individual market. Tuesday, the Maryland […]
CareFirst asks for 20-plus % reduction in Obamacare HMO rates
CareFirst BlueCross BlueShield has requested a rate reduction of more than 20 percent on Maryland’s individual market following federal approval of the state’s reinsurance program, the latest sign that the gambit to stabilize the market is paying off. In new filings, CareFirst, the state’s largest insurer, has asked state regulators to approve average premium decreases of 22.3 [...]
Md. benefit exchange approves plan on risk adjustments
The board of the Maryland Health Benefit Exchange voted Friday on a solution to an issue where the state’s new reinsurance program could cause duplicative payments under the Affordable Care Act’s risk adjustment program. Kaiser Permanente, one of the state’s two insurers on the individual market, had expressed concern that it would bear the brunt […]