Long-Term Care Hearing March 29, 2022

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 rate increase requests before the Maryland Insurance Administration. In the individual long-term care market, these include requests from Continental Casualty Company, John Alden Life Insurance Company and Transamerica Life Insurance Company. In the group long-term care market, there is one request from Continental CAsualty Company. The purpose of the hearing is for insurance company officials to explain the reasons for the rate increases, to explain the new benefit options and for the MIA to consider whether the proposed rate increase is in compliance with Maryland's laws and regulations relating to long term care insurance. Interested stakeholders will also have the opportunity to provide comments at the hearing. Prior to the hearing, copies of each company's actuarial memorandum will be posted to the Maryland Insurance Administration's website. 

Form numbers impacted by the rate requests are outlined below:

Continental Casualty Company: SR-LTCP et al, P1-21295-A19, P1-21300-A19, P1-21305-A19, P1-22435-A19, P1-22436-A19, P1-N0022-A19, P1-N0023-A19, P1-N0026-A19, P1-N0027-A19, P1-N0030-A19, P1-N0034-A19, P1-15203-A19, P1-16356-A19, P1-18876-A19, and P1-18878-A19

John Alden Life Insurance Company: J-5762-P-MD, J-5875-P-MD, and J-5875-P-MD (Q) & (NQ)

Transamerica Life Insurance Company: ML-LTCP TQ (MD) 197,  ML-LTCP TQ (MD) 600, FTQ (MD) 197, and LTC 5 TQ (MD) 900

Given the current COVID-19 situation, to protect the public health, safety, and welfare, the hearing will be held via Zoom.

The hearing will be held:

Tuesday, March 29, 2022
10:00 A.M. to 1:00 P.M.
View video of hearing HERE

Dial-in Information:

Dial-in: (669) 254 5252
Webinar ID: 160 457 6953

Information for the Maryland Relay Service can be found at doit.maryland.gov/mdrelay

If you wish to provide oral testimony, please RSVP to Nancy Muehlberger.  Testimony will only be heard from those who have RSVP'd in advance of the public hearing.  Interested parties are also encouraged to submit written comments in advance of the hearing date. Written comments and RSVPs should be sent to Nancy Muehlberger by March 22, 2022, either by email to longtermcare.mia@maryland.gov or by mail to 200 St. Paul Place, Suite 2700, Baltimore, MD 21202 or by fax to 410-468-2038. 

Questions regarding this hearing should be directed to Nancy Muehlberger by phone to 410-468-2050, or by e-mail to nancy.muehlberger@maryland.gov.

Complaints regarding individual policy premium rates, premium increases or particular policy provisions should be directed to the Consumer Complaints Unit. Please call 410-468-2244 or visit the following website for more information on how to file a complaint: http://insurance.maryland.gov/Consumer/pages/FileAComplaint.aspx

Human Trafficking GET HELP

National Human Trafficking Hotline - 24/7 Confidential

1-888-373-7888 233733 More Information on human trafficking in Maryland

Customer Service Promise

The State of Maryland pledges to provide constituents, businesses, customers, and stakeholders with friendly and courteous, timely and responsive, accurate and consistent, accessible and convenient, and truthful and transparent services.

Take Our Survey

Help Stop Fraud in State Government

The Maryland General Assembly’s Office of Legislative Audits operates a toll-free fraud hotline to receive allegations of fraud and/or abuse of State government resources. Information reported to the hotline in the past has helped to eliminate certain fraudulent activities and protect State resources.

More Information