Comments on MCAS for STLDI
Summary
The document, dated March 10, 2020, from NAIC Consumer Representatives, provides recommendations for data elements and definitions for the Short-Term Limited Duration Insurance (STLDI) MCAS. Key suggestions include collecting data on coverage denials, renewals denied, rescissions, policy terminations, and claims administration. The letter emphasizes the need for comprehensive data to understand how STLDI is marketed and sold within states and to improve regulatory oversight.