The Maryland Insurance Administration’s database of proposed 2015 insurance rates is so complicated that the CEO of the state’s largest insurance company has trouble understanding it. “It is very difficult, even if you’re an expert actuary, to make heads or tails of what’s in these filings," CareFirst BlueCross BlueShield CEO Chet Burrell said. "It’s not something the ordinary citizen would be able to do. That’s troublesome.” The insurance administration on June 6 released the individual…
Reported by bizjournals 20 hours ago.
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