Department of Insurance Recovers $2.1 Million for Insurance Policyholders in 2014, Helps Save Businesses $9.2 Million
Commissioner Stewart Also Reports $94.6 Million Collected in Premium Taxes in Fiscal 2014 Dover, DE – The Delaware Department of Insurance recovered more than $2.1 million for policyholders in calendar year 2014, and helped business owners save nearly $9.3 million in workers’ compensation insurance costs. DOI also collected over $94.6 million dollars through fees, […]
The Delaware Department of Insurance’s Bureau of Captive and Financial Insurance Products reported that in 2014 it licensed 87 captive insurers and 141 series business units.
Get more information about the annual open enrollment periods for Medicare and the Health Insurance Marketplace. Free help is available to help consumers make informed decisions about their health insurance options.
Commissioner Stewart Warns That Time is Running Out for Disabled Medicare Recipients Under Age 65 to Purchase Medigap Policies
With the passage of Senate Bill 42 (SB 42) in 2013 there are new Medigap options available to disabled Medicare recipients under 65 but time to purchase the plans is limited. SB 42 became effective on January 1, 2014, and requires insurance companies that offer Medigap policies to people 65 and older to also offer the same policies to anyone under the age of 65 who qualifies for Medicare due to a disability.