Health Insurance Rates and the Rate Review Process
Frequently Asked Questions
For information about Health Insurance Costs, How Companies Determine Rates, Maryland's Rate Review Process and how to Learn More, click on the questions below. To view a complete list of FAQs, click here.
To view current rate requests, click here.
Health Insurance Costs
- What factors can cause health insurance rates to increase?
- Why did my health insurance rates go up when I didn’t have any claims (didn’t see a doctor, go to the hospital or get any prescriptions)?
- What causes my premium to increase at a different rate than others with the same insurance policy?
- How often can my premiums go up?
The Maryland Insurance Administration's Rate Review Process
- Does anyone review an insurance company's rate increases before they go into effect?
- Are any health plan rates not subject to review by the Maryland Insurance Administration?
- Who reviews rate increase requests at the Maryland Insurance Administration, and how are they qualified?
- How does the Maryland Insurance Administration decide whether to approve a requested rate change?
- What information does the Maryland Insurance Administration examine when reviewing a rate increase request?
- Do health insurance companies always get approval for the rate increases they request?
- Can the Maryland Insurance Administration approve a requested rate increase for some policies and deny a requested rate increase for other policies for the same health insurance company?
- What if the health insurance company disagrees with the Maryland Insurance Administration’s decision?
- Must health insurance companies submit rate filings each year?