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Update Report

As of: 5/22/2025 3:53:41 PM
Thursday, May 22, 2025
Thursday, May 22, 2025
Other
Maryland Insurance Administration
Change made: May 22, 2025 3:43 PM - HEARING ADDED
Maryland Insurance Administration - Other
June 10, 2025 1:00 PM to June 10, 2025 4:00 PM
Zoom Meeting
During the hearing insurance company officials are expected to explain the reasons for the rate increases. The Administration will consider whether the proposed rate increase is in compliance with Maryland's laws and regulations relating to long-term care insurance.
In the group long-term care market, requests are being made by Metropolitan Life Insurance Company and The Prudential Insurance Company of America.
The Administration is conducting a public hearing on specific rate increase requests being made by Mutual of Omaha Insurance Company, The Prudential Insurance Company of America, and Transamerica Life Insurance Company, in the individual long-term care market.

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