Code of Massachusetts Regulations
211 CMR - DIVISION OF INSURANCE
Title 211 CMR 149.00 - Annual Comprehensive Financial Statements Pursuant To M.g.l. C. 1760, Section 21
Section 149.11 - Pre-hearing Filing by Carrier
Universal Citation: 211 MA Code of Regs 211.149
Current through Register 1531, September 27, 2024
(1) No later than 15 days prior to the public hearing, the Carrier shall submit a filing to the Division containing:
(a) The title and
docket number of the proceeding, and the complete name and address of the
Carrier submitting the filing;
(b)
A summary containing a description of the contents of the filing;
(c) A list of the names and occupations of
all persons who will present oral testimony, statements or comments on behalf
of the Carrier at the public hearing; and
(d) Any other information required by the
Commissioner or the Presiding Officer.
(2) The Carrier's filing shall describe the Carrier's overall financial condition and the reasons why the Carrier believes the additional surplus is needed. The filing shall also describe how, and in what proportion to the total surplus accumulated, the Carrier will dedicate any additional surplus to reducing the cost of health benefit plans or health care quality improvement, patient safety or health cost containment activities not conducted in previous years.
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