DOVER — After years of work to increase competition on the Delaware Health Insurance Marketplace, state insurance commissioner Trinidad Navarro announced Monday three health carriers intend to offer plans for the 2023 plan year — the most in the state’s history.
AmeriHealth Caritas and Aetna CVS Health will join Highmark Blue Cross Blue Shield Delaware in offering coverage.
From rising rates to insurer departure, the implementation of the Affordable Care Act in Delaware hasn’t always been smooth sailing, Mr. Navarro said. But with the state’s successful creation of a 1332 reinsurance program and federal threats of ending the critical program subsiding, rates have decreased more than 15% and remained stable, while enrollment has grown significantly.
The announcement comes as carriers submit initial rate filing proposals pursuant to federal deadlines. These will undergo in-depth reviews by independent actuaries before the insurance commissioner approves and announces them later this year.
Research Conducted at Hennepin Healthcare Has Updated Our Knowledge about Managed Care (Firearm Trauma: Race and Insurance Influence Mortality and Discharge Disposition): Managed Care
Thousands of South Florida Citizens customers to get rate break [South Florida Sun-Sentinel]
Advisor News
- Plugging the hidden budget leaks of retirement
- Hagens Berman: Retired First Responders Sue Washington State over Rights to $3.3B Pension Funds Threatened by Lawmakers
- Financially support your adult children without risking your future
- NY insurance agent and Ponzi schemer faces 4-12 years in prison
- Economic pressure makes boomerang living a new normal
More Advisor NewsAnnuity News
- A new opportunity for advisors: Younger indexed annuity buyers
- Most employers support embedding guaranteed lifetime income options into DC Plans
- InspereX Partners with AuguStar Retirement for Strategic Expansion into Annuity Market
- FACC and DOL enter stipulation to dismiss 2020 guidance lawsuit
- Zinnia’s Zahara policy admin system adds FIA chassis to product library
More Annuity NewsHealth/Employee Benefits News
- Problems possibly persist with privatized OK managed care
- Pending cuts to Georgia Medicaid payments could affect children who need therapy
- Reports from University of Washington Provide New Insights into Managed Care (Self-Reported Stress, Hair Cortisol and Untreated Caries in Low-Income Adolescents in the United States): Managed Care
- Research on Health Insurance Published by Researchers at Metropolitan Autonomous University (Health Insurance Coverage and Income Inequality in the United States: Findings from the American Community Survey, 2010 to 2023): Health Insurance
- Private Medicare plans get a break
More Health/Employee Benefits NewsLife Insurance News
- Finalists announced for Lincoln's 2026 Best Places to Work
- Investors Heritage Promotes Anna Reynolds to Senior Vice President and General Counsel
- AM Best Affirms Credit Ratings of Old Republic International Corporation’s Subsidiaries
- Government seeks dismissal of Dean Vagnozzi’s lawsuit against SEC
- Symetra Promotes Nicholas Mocciolo to Chief Investment Officer of Symetra Financial Corporation
More Life Insurance News