Day(s)
As of: 9/24/2023 1:28:03 PM
Created: 5/15/2023 6:37 AM
1:00 PM to 4:00 PM - Zoom Meeting
Meeting Video
If you plan on providing oral testimony, please RSVP to Nancy Muehlberger. Written comments and RSVPs should be sent to Nancy Muehlberger by May 15, 2023, 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. For more information on the hearing click here
If you plan on providing oral testimony, please RSVP to Nancy Muehlberger. Written comments and RSVPs should be sent to Nancy Muehlberger by May 15, 2023, 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. For more information on the hearing click here
The Maryland Insurance Administration will conduct a public hearing on specific rate increase requests by carriers operating in Maryland. In the individual long-term care market, these include requests from Transamerica Life Insurance Company, The Prudential Insurance Company of America, Knights of Columbus, and John Hancock Life Insurance Company.
In the group long-term care market, these include requests from the Prudential Insurance Company of America.
The purpose of the hearing is for insurance company officials to explain the reasons for 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.