State insurance departments across the country are continuing to provide guidance in response to the COVID-19 outbreak. In this update, Faegre Drinker spotlights the current Maryland Insurance Administration (MIA) guidance with respect to COVID-19 issues.
- Permitting, during the state of emergency, licensed title insurance producers to conduct remote settlements so long as the settlement agent follows the guidelines as they are outlined in the governor’s order.
- Strongly encouraging all property and casualty insurers writing private passenger automobile (PPA) liability coverage to follow a “major market share PPA insurer group” that wants to temporarily waive the commercial use exclusion during the COVID-19 emergency; MIA will waive filing fees and will expedite review/approval of filings (within 24 hours of submission, if possible).
- Providing procedure to obtain a waiver of the Statutory Accounting Principle that requires an insurer to non-admit premium receivable assets over 90 days past due for Maryland-domiciled insurers that give premium grace periods to policyholders under the COVID-19 State of Emergency.
- Waiving the required PPA 45-day advance notice of cancellation is suspended, except for cancellations for non-payment of premiums per MIA Bulletin 20-10.
- Encouraging property and casualty insurers to provide temporary rate relief to insureds during the COVID-19 emergency; MIA will waive filing fees and provide expedited review for rate relief.
- Encouraging all licensees to use remote claim handling as much as possible; for on-site claim handling activity, all parties must use social distancing protocols published by the CDC.
- Encouraging insurers to make reasonable accommodations so that individuals and businesses do not lose coverage due to non-payment of premium.
- Requesting that during the COVID-19 emergency, all insurers that issue travel insurance provide an option for consumers to purchase a Cancel for Any Reason waiver for trips cancelled due to COVID-19.
- Advising that, if a title insurer believes that it is not safe to conduct an on-site review, the audit can be rescheduled for a later date as long as the audit is completed on or before December 31, 2020.
- Advising health insurers that the Center for Medicare & Medicaid Services has developed an HCPCS code for laboratories to use to bill for COVID-19
- Requiring all health carriers to:
- Waive co-payments, coinsurance and deductibles for any visit to diagnose or test for COVID-19.
- Waive co-payments, coinsurance and deductibles for laboratory fees to diagnose or test for COVID-19.
- Waive co-payments, coinsurance and deductibles for COVID-19 vaccination (when it becomes available).
- Evaluate requests for use of an out-of-network provider for diagnostic testing of COVID-19 solely on medical necessity.
- Expedite grievance procedures for adverse decisions on request for coverage for diagnostic services for COVID-19.
- Announcing to health carriers that as a result of Governor Hogan’s Proclamation declaring a State of Emergency, the Commissioner is invoking his emergency powers.
- Encouraging carriers to communicate information to their members regarding insurance coverage and medically necessary health care services regarding COVID-19.
- Encouraging carriers to review provider panels to ensure members have access to treatment for “severe cases of COVID-19” and plan for out-of-network referrals.
- Giving an overview of emergency regulations the Commissioner will be promulgating.
- FAQ: MIA Postpones Hearings
- FAQ: COVID-19 Insurance
- FAQ: Health Insurance and COVID-19
- FAQ: Testing for COVID-19
- FAQ: Coronavirus Disease 2019 (COVID-19) and Maintaining Mental Health
- FAQ: Producer Licensing and COVID-19
- FAQ: Examination and Audit and COVID-19
- FAQ: Provider Information
Other MIA Information
- Maryland Insurance Administration Remains Fully Operational During COVID-19 Emergency (March 27, 2020)
- Maryland Insurance Administration Advisory on Business Interruption Insurance (March 18, 2020)
- COVID-19: Emergency Regulations Approved (March 10, 2020)
- Recording of WebEx meeting for licensed insurance professionals held by the MIA regarding the impact of the COVID-19 pandemic, including operational update, resources available to licensed insurance professionals and their clients, MIA’s role during the pandemic, an overview of regulatory actions already taken, and a Q&A session.
For additional Maryland COVID-19 information, please visit: