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Tag Archives: maryland insurance administration

Downtown Maryland Insurance Administration lease headed for spending board (access required)

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 ...

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Insurers file for lower rates as the individual market stabilizes (access required)

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, ...

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Md. to consider health insurance market’s present, future (access required)

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 ...

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CareFirst asks for 20-plus % reduction in Obamacare HMO rates (access required)

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, ...

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Md. benefit exchange approves plan on risk adjustments (access required)

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 ...

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Md. insurers make case for premium increases before reinsurance (access required)

Maryland’s insurance regulator Monday heard health insurance companies’ cases for raising premiums on the individual market by an average of 30 percent, but those requests could fall if a reinsurance program is approved. Rate increases considered Monday would continue a ...

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