Delaware Rate Review Grants Award List
Cycle I Grant Application Summary
Delaware Grantee: The Delaware Department of Insurance
Award Date: August 16, 2010
Award Amount: $1,000,000
- Improve the Review Process: Delaware currently prospectively reviews all health insurance premium increases. The State will develop new premium filing requirements and improve its ability to review health insurance premiums by adding additional staff to do the reviews.
- Increase Transparency and Accessibility: Delaware currently only discloses premium filings upon request. The State will post premium filings on its website and develop other enhancements including a new rate comparison feature. Additionally, Delaware will host public meetings and hearings on proposed premium increases.
- Develop and Upgrade Technology: Delaware will improve its ability to review health insurance premiums through analytic software and systems enhancement. The State will also include interactive rate comparison feature on its website.
Last updated: September 21, 2012