Hospital Medical Service Corporation Excess Surplus Determination

All domestic hospital and medical service corporations are required to file a financial report with the Commissioner by June 1 of each year which details the company’s surplus and examines whether the company’s surplus is considered excessive under the Act. The financial report shall detail the appropriate level of surplus necessary for the company to meet the National Association of Insurance Commissioners’ Risk Based Capital Requirements for health insurers.

The following documents related to the Hearing are available in PDF format:

• CareFirst June Report – 2012
• CareFirst June Report – 2011  includes Attachments A, B, C, D
• DC Appleseed Letter – July 2012
• United Health Actuarial Services, Inc. Letter
  • Attachment A - Underwriting Cycle Analysis
• DC Appleseed Letter – April 2012
  • Attachment A - April 2012 Letter from Walter Smith Esq.