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Insurance Commissioner & Department of Insurance

KWS Meet Karen Weldin Stewart

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STATEMENT
Karen Weldin Stewart, CIR-ML
Delaware Insurance Commissioner

December 30, 2011
We are assembled here for an announcement regarding the future of Delaware’s only non-profit health service corporation. This morning, I have executed and issued a Decision and Final Order approving the affiliation of Blue Cross Blue Shield of Delaware with Highmark, Inc. A copy of my Decision and Final Order is available in your packet.

I will summarize my findings, and then I will be happy to answer any questions.

I take very seriously my responsibility to protect the citizens of Delaware in every transaction that involves insurance. This important trust is vital in a matter such as this transaction, when Delaware policyholders and a Delaware employer are impacted. With this decision and the 49 conditions that are built into my approval, the interests of an important Delaware Company and its subscribers will be protected, both now and in an uncertain future for health insurance.

[More] for the full text of the statement.


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Get Smart About Insurance

InsureU - Get Smart About InsuranceThe National Association of Insurance Commissioners
presents

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-BCBSD & Highmark Proposed Affiliation
    -Blue Cross Blue Shield of DE page

    -Decision & Final Order

-John Hancock Life Insurance Company
    Long Term Care Rate Filing-
Rate Filing
    Public Information Session, Statement
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    Chip Buy-In Program

    Public Information Session
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Immunizations: Influenza (Flu) Information from the Delaware Department of Health & Social Services

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Having problems getting approval for medically necessary tests? Click here.

Did You Know...

Meet Nadia & Tess
Nadia & Tess Coloring BookHey kids! Want to know about insurance? Nadia and her cat Tess will teach you everything you always wanted to know about insurance and how it works for you and your family. Click here and have fun coloring along the way!

Risk & Insurance
Cashing in on Captives [more]


BestWeek
Utah, Delaware Show Strong Captive Growth in 2010 [more]


The News Journal
Editorial

Deal to open Blue Cross data to public was correct

   Commissioner Karen Weldin Stewart will make the final decision, but she has also appointed former Family Court judge Battle Robinson to review the proposed merger as it unfolds.
   Much to the credit of Commissioner Stewart and the state Department of Justice, objections to the "wholesale redaction" of the merger documents were quick and forceful. [more]



News

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Insurance Matters Newsletter

January 13, 2012 - Delaware Insurance Commissioner Karen Weldin Stewart Alerts “Baby Boomers” On Early Retirement Options

December 30, 2011 - Insurance Commisioner Karen Weldin Stewart Announces BCBSD And Highmark Affiliation Decision

December 19, 2011 - Commissioner Stewart Asks Delawareans To Make Their Holiday Season A Secure Season

November 19, 2011 - Delaware Insurance Commissioner Karen Weldin Stewart Receives Judge Battle Robinson’s Proposed Findings Regarding The Proposed Affiliation Of Blue Cross Blue Shield Of Delaware With Highmark

November 16, 2011 - Delaware Is #1 Domicile for Insurance Risk Purchasing Groups

October 31, 2011 - US Department of Health And Human Services Again Applauds Comm. Stewart And Dept. Of Insurance’s Rate Review Process

October 24, 2011 - Commissioner Stewart Reminds Delaware’s Seniors that the Insurance Department Offers Assistance During Medicare Open Enrollment

October 18, 2011 - Commissioner Stewart Hails Recovery of $1,827,923 for Delawareans and Premium Savings of $5,619,384 for Businesses in the First Nine Months of 2011

September 29, 2011 - Commissioner Stewart Fines Two Auto Insurers $50,000 - Fines Could Go Higher

September 26, 2011 - Commissioner Stewart: "This is a Real Game-Changer" - Insurance Help for Coastal Property Owners

September 13, 2011 - Delaware Insurance Commissioner Karen Weldin Stewart Fines Blue Cross Blue Shield of Delaware $325,000
SEE ALSO:
- Consent Order
- ACC’s Imaging Tool Supported in Delaware
- Rockefeller Applauds Insurance Commissioner Decision – Putting Consumers and Health Care Ahead of Profits

September 1, 2011 - Commissioner Stewart Urges Delawareans To File Irene-Related Claims Immediately

August 30, 2011 - Insurance Commissioner Stewart Announces Irene-Estimated Damages In Delaware

August 25, 2011 - Insurance Commissioner Karen Weldin Stewart Announces Extended Office Hours Following Storm

August 21, 2011 - Delaware insurers untouched by S&P downgrade

July 20, 2011 - US Dept of Health And Human Services Applauds DE Insurance Dept’s Rate Review Process

April 21, 2011 - Diluting profit's sway over tests is a must

April 16, 2011 - Blue Cross Blue Shield of Delaware broke law, report finds

April 15, 2011 - Delaware Volunteer Fire, Rescue, And Ambulance Companies To Receive Additional Funds In 2011

April 14, 2011 - MetLife's Delaware layoffs scrutinized

April 12, 2011 - Delaware Insurance Commissioner Stewart Questions Federal Home Loan Bank Membership Proposals

March 8, 2011 - Delaware Celebrates 100th Licensed Captive*

February 22, 2011 - Utah, Delaware Show Strong Captive Growth in 2010 [more]

February 1, 2011 - Commissioner Stewart Announces $2.1 Million Returned To Consumers In 2010

January 28, 2011 - Delaware Doubles Number of Captive Domiciles In 2010

January 24, 2011 - Delaware Unveils New Captive Website


Consumer Alerts [more]

TOP 10 HEALTH HAZARDS FOR LIFE INSURERS
10 costliest life insurance health conditions

TRAFFIC SAFETY NEWS
From the Delaware Office of Highway Safety
Drive Sober. Arrive Alive!

AGENT ALERT
News from FEMA regarding FLOOD INSURANCE Program

SCAM-WATCH!
  
Discount Medical Card Scams

SCAMMERS TAKE ADVANTAGE OF HEALTH REFORM:

   Commissioner Karen Weldin Stewart Warns Delawareans To Be On Alert


Video [more]
Commissioner Stewart Discusses
DOI’s Role In Protecting Consumers

Video [more]
Commissioner Stewart's Interview
On How DOI Enforces Insurance Companies
To Pay Consumers When It Is Due
Play the Video for Home Inventory
Play the Video for Home Inventory
Last Updated: Friday, 13-Jan-2012 15:12:26 EST
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