The Bowser Administration will conduct a public hearing on the results of the actuarial review of the 2020 individual and small group health insurance rates proposed by carriers offering health benefit plans in the District of Columbia. During the hearing, Department of Insurance, Securities and Banking (DISB) Commissioner Stephen C. Taylor also will give the public the opportunity to comment on the proposed rates.

The Proposed 2020 Rate Filings are available at https://disb.dc.gov/node/1408071.

WHEN:     
Thursday, August 22, 2019 at 5:30 p.m. 

WHERE:   
One Judiciary Square, Old Council Chambers 
441 4th Street NW
Washington, DC 20020               

WHO:
Stephen C. Taylor, Commissioner of the Department of Insurance, Securities and Banking

WHY:
The Department required all health insurance carriers to submit two sets of rates for 2020. One set assumes a merged risk adjustment for both individual and small group rates, while the other rates are not based on merged risk adjustment. The hearing is an opportunity for actuaries and members of the public to present their comments on the proposed health insurance rates for 2020.

The mission of DISB is two-fold: (1) protect consumers by providing equitable, thorough, efficient, and prompt regulatory supervision of the financial services companies, firms, and individuals operating in the District of Columbia; and (2) develop and improve market conditions to attract and retain financial services firms to the District of Columbia.