MD State Updates - 2015 Jan 15 No.01

On Nov. 13, 2015, the Maryland Insurance Administration published Bulletin 15-28. The new bulletin notifies insurers that sell medical stop-loss insurance in Maryland about new regulations that have been adopted. The new regulations require insurers to provide a completed medical stop-loss disclosure form to small employers before entering into a policy or contract of medical stop-loss insurance. While neither the regulations nor the bulletin require anything new from employers, small employers that may be contemplating stop-loss insurance should be aware of the new requirement for insurers. The requirement is effective Jan. 1, 2016.

Bulletin 15-28 »