Hearing Scheduled for June 27, 2007
In accordance with the authority granted under Chapter 176K of the Massachusetts General Laws, and pursuant to 211 CMR 71.24, the Commissioner of Insurance will conduct a public hearing concerning the overall condition of the Massachusetts market for Medicare Supplement insurance. The public hearing will be held on June 27, 2007 at 10:00 a.m. at the Division of Insurance, 5th Floor, One South Station, Boston, Massachusetts.
Pursuant to G.L. c. 176K, §7(j), the Commissioner annually conducts a public hearing to monitor the overall condition of the market for these products in Massachusetts so as to improve access by individuals to coverage under Chapter 176K, 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. This public hearing will afford all interested persons an opportunity to provide oral and written statements relating to these matters. The Division welcomes all statements concerning the impact of Chapter 176K on the market for these products since 1994, as well as the anticipated effects during the coming year.
Any person who wishes to present an oral or written statement at the hearing is requested to submit a Notice of intent to participate no later than June 21, 2007. All others will be heard after those who notify the Division in advance. Written statements may be submitted in advance of the hearing. All notices and submissions must be sent to the Docket Clerk, Hearings and Appeals, Division of Insurance, One South Station, Boston, Massachusetts 02110-2208, and must refer to Docket No. G2007-06.
Dated: May 31, 2007