Maine Bureau of Insurance to Hold Public Information and Comment Sessions Regarding 2019 Health Insurance Rate Requests

July 10, 2018

 

Contact: Judith Watters, Consumer Outreach Specialist
Phone:

 

Augusta -

Members of the public are invited to two public meetings hosted by the Maine Bureau of Insurance, to discuss rate requests submitted by health insurance companies offering individual and small group health plans in Maine in 2019.

The meetings, one in Bangor and one in Portland, will include information about the proposed rates, Maine's rate review process, and an opportunity for those in attendance to ask questions and offer comments. Comments may be provided orally at the meetings or submitted in writing (as provided below).

The meeting dates, times and locations are as follows:

Bangor: July 24, 2018, 5:00 p.m.
Cross Insurance Center, Ballroom 5 515 Main Street, Bangor

Portland: July 26, 2018, 5:00 p.m. USM, Wishcamper Center, Lee Auditorium 88 Bedford St., Portland

Persons in need of auxiliary aid for effective participation in the meetings are invited to contact Karma Lombard sufficiently in advance of the meetings at telephone (207) 624-8540 or by email at karma.y.lombard@maine.gov.

Written Comments:

Written comments will be accepted through August 10th and may be submitted via email to susan.p.tardiff@maine.gov

or by mail to: ATTN: Susan Tardiff Maine Bureau of Insurance 34 State House Station Augusta, ME 04333-0034

Rate Request Information Online:

Information about individual and small group rates requested by insurers for the 2019 plan year in Maine can be found by clicking "2019 Health Insurance Rate Filings" at the top of the Bureau's homepage, www.maine.gov/insurance.

The Bureau requested that the insurance carriers submit two sets of rates for the 2019 individual and small group markets; one set of rates assumes that the Maine Guaranteed Access Reinsurance Association (MGARA) will be operational, again, in 2019 and one set assumes that MGARA will not be operational.

A Section federal 1332 State Waiver application was submitted by the Bureau on May 9 of this year to the Centers for Medicare and Medicaid. If successful, the waiver application would make it possible for Maine to re-establish MGARA.

Consumers with questions about insurance matters can obtain information and assistance from the Bureau by visiting the agency's website (www.maine.gov/insurance), calling toll-free 1-800-300-5000 (TTY call Maine Relay 711), or e-mailing Insurance.PFR@maine.gov.

The Bureau of Insurance is part of the Department of Professional and Financial Regulation, which encourages sound ethical business practices through regulation of insurers, financial institutions, creditors, investment providers, and numerous professions and occupations for the purpose of protecting the citizens of Maine.

Last Updated: July 10, 2018 3:08 PM