Delaware insurance regulators have fined Liberty Mutual $300,000 following an investigation that revealed tens of thousands of misleading advertisements promising discounts that werenât actually available to state residents. The Delaware Department of Insurance announced the penalty after a months-long examination of three Liberty Mutual member companies: Liberty Insurance Corporation, Liberty Mutual Personal Insurance Company, and LM Insurance Corporation. In addition …
Workersâ compensation insurance rates will decrease for the seventh year in a row, Insurance Commissioner Trinidad Navarro announced Wednesday. Effective Dec. 1, the voluntary market will decrease 10.03%, while the residual market will decrease 13.85%, he said Thursday. Updated figures were released following a review of the Delaware Compensation Rating Bureau filing by independent actuaries and a public hearing with …
A new insurance company will offer plans for 2024 on the Delaware Health Insurance Marketplace. Celtic Insurance Co. Ambetter Health of Delaware will join Aetna Health, AmeriHealth Caritas and Highmark Blue Cross Blue Shield of Delaware in offering plans through the Affordable Care Act program once known as Obamacare. Together, the insurance companies will offer 57 plans. Most of the …
People who have retired from the state of Delaware and are now on Medicare will pay 5% more for the stateâs special Medicfill insurance plan, a committee decided on Monday. The change starts Jan. 1. The State Employee Benefits Committee had voted in March to increase premiums 9.4% for those on the group health insurance plan but not on Medicare. …
Medicfill for Delawareâs retirees will remain in place until June 30, 2024, with rates to be determined in May, a key committee decided unanimously on Monday. The special plan covers retired state employees. The stateâs controversial idea to move them into Medicare Advantage was stopped by suit last fall from a group called Retirees Investing in Social Equity Delaware. The …
NOTE: This story has been updated to say Sussex County government has no knowledge about any efforts to assure Medicare patients there can have weight loss drugs when others cannot and that county government has no control over what is in individual medical plans. The State Employee Benefits Committee wants more information about new weight loss drugs that are …
For the first time since 2017, Delawareans this year will have more than one company’s plans to choose from in the Delaware Health Insurance Marketplace. AmeriHealth Caritas and Aetna CVS Health will offer plans along with Highmark Blue Cross Blue Shield Delaware, which has been going it alone. That will mean an additional 35 plans offered through the marketplace, …
