Maine Bulletin 495 establishes required minimum specific attachment points for employee benefit excess insurance, implementing recently adopted amendments to Rule 135. Until March 31, 2027, all employer groups must maintain a specific attachment point of at least 8,700 for health benefit claims incurred per individual. On April 1, 2027, the minimum increases to 5,000 per individual. This represents a significant increase (approximately 22%) that excess insurance carriers and stop-loss insurers must incorporate into their contract pricing and plan designs for the 2027 plan year. Employers with attachment points below these thresholds will need to renegotiate or adjust their excess insurance arrangements. The phased approach gives carriers time to prepare for the April 2027 increase.
Source: https://www.maine.gov/pfr/insurance/sites/maine.gov.pfr.insurance/files/inline-files/495.pdf