The Maryland Insurance Administration will conduct a public hearing on specific rate increase requests being made by certain Long-Term Care Insurance carriers operating in Maryland. The hearing will focus on several rate increase requests before the Maryland Insurance Administration. These include requests from Bankers Life and Casualty Company, John Alden Life Insurance Company, Senior Health Insurance Company of Pennsylvania, Physicians Mutual Insurance Company and Northwestern Long-Term Care Insurance Company. The purpose of the hearing is for insurance company officials to explain their reasons for the rate increases. Commissioner Redmer will also listen to comments from consumers, producers and other interested parties at the hearing. Steps are also being implemented to post future rate filings to the Maryland Insurance Administration’s website for review.
The hearing will be held at the following time and location:
Monday, January 9, 2017
1 P.M. to 4 P.M.
Maryland Insurance Administration, 24th Floor, Hearing Room
200 St. Paul Place.
Baltimore, MD, 21202
For those individuals who are unable to attend, the Administration will be live streaming the hearing via Facebook Live on the Administration’s Facebook page and will also provide a conference call dial-in. See the information below:
People with disabilities may request additional assistance in accessing the hearing. Requests should be submitted in writing to Nancy Muehlberger at email@example.com
Conference Call Line:
If you plan on attending, please RSVP to Nancy Muehlberger and also indicate if you plan on testifying at the hearing. Interested parties also are encouraged to submit written comments. Written comments and RSVPs should be sent to Nancy Muehlberger by January 6, 2017
, either by email to Nancy.Muehlberger@maryland.gov
or by mail to 200 St. Paul Place, Suite 2700, Baltimore, MD 21202 or by fax to 410-468-2038.