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 …
Health marketplace adds another insurer; ’24 rates announced
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 …
State retirees on Medicare to pay 5% more for Medicfill plan
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. …
Committee mulls adding weight loss drugs to state health plans
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 …
2 companies to join Highmark in offering marketplace plans
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, …
Bill banning use of gender for car insurance rates passes Senate
A lengthy and heated debate on the Senate floor Tuesday preceded the passage of a bill that would make it illegal for car insurers in Delaware to use gender as a factor when determining customersâ premiums. Senate Bill 231, sponsored by Sen. Kyle Evans Gay, D-Talleyville, came at the recommendation of State Insurance Commissioner Trinidad Navarro, who said in a …