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Delaware News



  Category: Captive Insurance


Delaware to Regulate Multi-Billion-Dollar Pharmacy Benefit Manager Industry, Protecting Consumers and Local Businesses

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Tuesday, November 2, 2021

Department of Insurance will lead effort to rein in monopolistic behavior and excessive pharmaceutical costs Insurance Commissioner Trinidad Navarro announced today that the Delaware Department of Insurance will begin the process of building and enforcing regulations regarding Pharmacy Benefit Managers (PBMs) as a new law goes into effect. The new authorities of the department will […]




Three Residents Indicted for Insurance Fraud by Grand Jury

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Monday, October 18, 2021

Late last month in New Castle County, a Grand Jury indicted multiple residents for insurance fraud. The indictments stem from Department of Insurance Fraud Prevention Bureau investigations, in partnership with the Delaware Department of Justice. They allege that following vehicle accidents, each indicted resident did knowingly present false information to auto insurers or otherwise caused […]




Medicare Assistance Bureau Shares Resources in Advance of Open Enrollment

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Monday, September 27, 2021

Free one-on-one counseling and information available to residents; Bureau earns federal grant The Delaware Medicare Assistance Bureau (DMAB), a division of the Delaware Department of Insurance, is encouraging residents to get ready for Medicare Open Enrollment. DMAB, which provides free, one-on-one Medicare counseling, offers a myriad of virtual appointment options for residents, as well as […]




$12.3 Million in Health Insurance Rebates for Individuals and Small Businesses

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Tuesday, August 31, 2021

Highmark plan participants and groups to receive checks Insurance Commissioner Trinidad Navarro announced today that Highmark Blue Cross Blue Shield Delaware will issue rebates totaling over $12.3 million to some Delawareans. Residents who purchase insurance on the Delaware Health Insurance Marketplace, those who purchase Highmark Delaware plans outside of the marketplace, and Highmark small group […]




Highmark Increases 2022 Affordable Care Act Marketplace Premiums

Captive | Captive Insurance | Insurance Commissioner | News | Date Posted: Thursday, August 26, 2021

Expanded federal subsidies keep consumer costs low; SEP sees success After two consecutive years of rate decreases, Highmark Blue Cross Blue Shield of Delaware, who offers the state’s Affordable Care Act (ACA) health plans, will increase base rates an average of 3% for the 2022 plan year. The announcement comes after extensive, in-depth independent actuarial […]







  Category: Captive Insurance


Delaware to Regulate Multi-Billion-Dollar Pharmacy Benefit Manager Industry, Protecting Consumers and Local Businesses

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Tuesday, November 2, 2021

Department of Insurance will lead effort to rein in monopolistic behavior and excessive pharmaceutical costs Insurance Commissioner Trinidad Navarro announced today that the Delaware Department of Insurance will begin the process of building and enforcing regulations regarding Pharmacy Benefit Managers (PBMs) as a new law goes into effect. The new authorities of the department will […]




Three Residents Indicted for Insurance Fraud by Grand Jury

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Monday, October 18, 2021

Late last month in New Castle County, a Grand Jury indicted multiple residents for insurance fraud. The indictments stem from Department of Insurance Fraud Prevention Bureau investigations, in partnership with the Delaware Department of Justice. They allege that following vehicle accidents, each indicted resident did knowingly present false information to auto insurers or otherwise caused […]




Medicare Assistance Bureau Shares Resources in Advance of Open Enrollment

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Monday, September 27, 2021

Free one-on-one counseling and information available to residents; Bureau earns federal grant The Delaware Medicare Assistance Bureau (DMAB), a division of the Delaware Department of Insurance, is encouraging residents to get ready for Medicare Open Enrollment. DMAB, which provides free, one-on-one Medicare counseling, offers a myriad of virtual appointment options for residents, as well as […]




$12.3 Million in Health Insurance Rebates for Individuals and Small Businesses

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Tuesday, August 31, 2021

Highmark plan participants and groups to receive checks Insurance Commissioner Trinidad Navarro announced today that Highmark Blue Cross Blue Shield Delaware will issue rebates totaling over $12.3 million to some Delawareans. Residents who purchase insurance on the Delaware Health Insurance Marketplace, those who purchase Highmark Delaware plans outside of the marketplace, and Highmark small group […]




Highmark Increases 2022 Affordable Care Act Marketplace Premiums

Captive | Captive Insurance | Insurance Commissioner | News | Date Posted: Thursday, August 26, 2021

Expanded federal subsidies keep consumer costs low; SEP sees success After two consecutive years of rate decreases, Highmark Blue Cross Blue Shield of Delaware, who offers the state’s Affordable Care Act (ACA) health plans, will increase base rates an average of 3% for the 2022 plan year. The announcement comes after extensive, in-depth independent actuarial […]