Code of Massachusetts Regulations
211 CMR - DIVISION OF INSURANCE
Title 211 CMR 71.00 - Medicare Supplement Insurance To Facilitate The Implementation Of M.G.L. c. 176k And Section 1882 Of The Federal Social Security Act
Section 71.23 - Annual Public Hearing to Monitor Market Condition

Universal Citation: 211 MA Code of Regs 211.71

Current through Register 1531, September 27, 2024

(1) The Commissioner shall annually conduct a public hearing to monitor the overall condition of the Massachusetts market so as to improve access by individuals to coverage under 211 CMR 71.00, to encourage aggregation of risk pools through product selection and to promote long-term access by individuals to coverage through continued stability and financial viability of all carriers in the market. Such hearing shall be conducted during the month of June each year, unless otherwise determined by the Commissioner. Interested parties are encouraged to suggest issues to be addressed at the hearing by filing a request with the Commissioner no later than April 15th of each year.

(2) The Commissioner shall also file with the committee on insurance any recommendations for legislation to improve the accessibility and affordability of coverage in the market.

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