To: All Companies Writing Health Insurance in Nebraska
Under the Patient Protection and Affordable Care Act (PPACA), the number of employees required for purposes of the issuance of small group health insurance has been increased to 100, however, a state may opt to keep that number at 50, which is current Nebraska law.
Chapter 71 of the Insurance Department Rules was filed with the Secretary of State for adoption on October 28, 2010, with an implementation date of November 2, 2010.
Chapter 55 of the Insurance Department Rules and Regulations was filed with the Secretary of State on August 17, 2010, with an implementation date of January 1, 2011.
The Director of the Department of Insurance has scheduled a public hearing as required by Neb. Rev. Stat. §84-901 to §84-909 for the proposed amendment of Title 210, Nebraska Administrative Code, Chapter 71, Valuation of Life Insurance Policies Regulation. Chapter 71 established a methodology using X factors (mortality adjustments) in the deficiency reserve calculation that allows life insurers to adjust the standard valuation mortality to mortality that more closely approximates the expected mortality experience for their policies subject to this regulation.
Chapter 69 of the Insurance Department Rules and Regulations has now been filed with the Secretary of State for adoption.
The Director of the State of Nebraska Department of Insurance has scheduled a public hearing as required by Neb. Rev. Stat. §44-4227 on a proposed rate adjustment of the Nebraska Comprehensive Health Insurance Pool premium rates. The purpose of this hearing is to provide an opportunity for public comment on the proposed rate adjustment.
Nebraska’s severe weather and tornado season brings with it possible threats of damaging winds, pelting hail, or water damage that can cause hundreds of dollars of damage to homes and property across the state.
“Knowing what to do after severe weather hits can help keep your family and property safe,” stated Director of Insurance, Ann Frohman. In addition to her staff being available to assist with answering insurance-related questions, Director Frohman also offers the following tips for those affected by weather-related damages:
