Apr 14, 2026Board meeting
Maryland Insurance Administration Public Hearing
The hearing focused on the mid-year proposed health insurance rate filings for small group rates under the Affordable Care Act. Discussions centered on the request for a rate increase for CareFirst BlueChoice HMO, which was driven by unprecedented increases in medical utilization, specifically in inpatient and outpatient facility costs. Actuarial representatives explained the comprehensive analysis of carrier statistics and the methodology used to justify the revised rate projections.