DE| The Delaware Department of Insurance, Domestic and Foreign Insurers Bulletin No. 149, addresses the submission guidelines for Qualified Health Plan (QHP) rate filings for Plan Year 2026 in Delaware. Given the uncertainty about the extension of ARPA premium tax credits beyond December 31, 2025, insurers must submit two sets of rate filings.
Key points:
- Dual Rate Filings: Insurers must submit two sets of rates: one assuming ARPA premium tax credits expire on December 31, 2025, and another assuming they continue through December 31, 2026.
- Actuarial Memorandum Requirements: Each rate filing must include an actuarial memorandum detailing the methodology used and the impact of assumptions on rates.
- Submission Timeline and Process: All filings must be submitted through the System for Electronic Rate and Form Filing (SERFF), with specific deadlines, including July 2, 2025, for proposed rate submissions.