ACA Consumers in Maryland Could See Insurance Premiums Drop Next Year

Original source: https://www.baltimoresun.com/health/bs-hs-obamacare-rate-requests-down-20190510-story.html

Our intent is to search the net nonstop to make you to relate to the need of getting a Property Damage Adjustment Consultant on your team. Take a look at this story we ran across.

Baltimore Sun (05/10/19) Cohn, Meredith

Many people who buy their medical insurance through Maryland’s exchange could observe premiums fall next year according to rate requests the nation’s two carriers filed May 10. Maryland Insurance Commissioner Al Redmer, Jr., states,”The first indication is that the reinsurance program created annually from the legislature and the Senate had its intended impact, and we’re seeing additional stability in the marketplace for this.” The Maryland Insurance Administration determine whether they have to be raised or lowered to reflect the cost of coverage and has to review the fee requests. Premiums will be set by mid-September, and a public hearing is planned for July. Earlier in 2019, state leaders extended a tax on motor insurance carriers initiated that funding a pool of money to help their claims that were greatest are covered by insurers. Associated Story: Baltimore Business Journal (registration)… Read More

Thanks for reading! And please schedule a time with us if you need help when arguing with your insurance broker. NO claim, NO fee!

Original source: https://www.baltimoresun.com/health/bs-hs-obamacare-rate-requests-down-20190510-story.html

Our intent is to search the net nonstop to make you to relate to the need of getting a Property Damage Adjustment Consultant on your team. Take a look at this story we ran across.

Baltimore Sun (05/10/19) Cohn, Meredith

Many people who buy their medical insurance through Maryland’s exchange could observe premiums fall next year according to rate requests the nation’s two carriers filed May 10. Maryland Insurance Commissioner Al Redmer, Jr., states,”The first indication is that the reinsurance program created annually from the legislature and the Senate had its intended impact, and we’re seeing additional stability in the marketplace for this.” The Maryland Insurance Administration determine whether they have to be raised or lowered to reflect the cost of coverage and has to review the fee requests. Premiums will be set by mid-September, and a public hearing is planned for July. Earlier in 2019, state leaders extended a tax on motor insurance carriers initiated that funding a pool of money to help their claims that were greatest are covered by insurers. Associated Story: Baltimore Business Journal (registration)… Read More

Thanks for reading! And please schedule a time with us if you need help when arguing with your insurance broker. NO claim, NO fee!