The Assurant Health Companies, Time Insurance Company and John Alden Life Insurance Company, have requested an increase of base premium rates of 9%.  The requested increase is subject to 45 advance consumer notice and a public hearing in order to allow policy holders and interested parties an opportunity to comment on the proposed increase before the Commissioner decision is made on the requested increase.  Comments may be submitted to the Consumer Advocate directly online below.  Comments may also be emailed to ConsumerAdvocate@iowa.gov or mailed to 330 Maple Street, Des Moines, Iowa 50319.  Faxed comments may be sent to 515-281-3059.

Additional documents regarding the proposed request:

IA TIC HHS Part 1 – Rate Summary Template

IA TIC Part II Written - Explanation of the Rate Increases

Assurant, Time Insurance and John Alden – Division Actuarial Review

Assurant 2013 Independant Actuarial Reviews

2013 Assurant Hearing Public Testimony and Comments Report

Assurant 2013 Public Hearing Transcript

Decision for Assurant 2013 Rate Increase Request

Time Insurance and John Alden Public Comments

The Commissioner of Insurance will be presiding over a public hearing on the proposed rate increase on Oct. 27, 2012.  The hearing will be held simultaneously by ICN video conferencing at the following sites:

Mercy College of Health Sciences             928 6th Avenue                  Des Moines

North Iowa Area Community College      500 College Dr     Mason City

Kirkwood Community College    123 Jones Hall, 6301 Kirkwood Blvd SW     Cedar Rapids

Spencer Public Library    21 E 3rd St             Spencer

Council Bluffs Public Library         400 Willow Ave   Council Bluffs

Sioux City Public Library                 529 Pierce St        Sioux City