Table 7 presents the number of filings included in the study for the individual and small group markets. The number of filings nationally for the individual market increased slightly from 2011 to 2012, from 363 in 2011, to 395 in 2012 (see Table 7). In the small group market, the number of filings increased more dramatically from 2011 to 2012, with 327 in 2011, and 569 in 2012. There were nine states where the number of individual market filings available in 2012 was lower than the number of filings available in 2011. In the small group market, 22 states had an increase in the number of filings from 2011 to 2012, with the greatest increase in Wisconsin with 4 filings in 2011 and 102 filings in 2012.
Filings for the Trends study were collected through multiple data collection methods including making copies of filings obtained on-site at state insurance department offices, downloading filings from state websites, and contacting state insurance departments to obtain electronic copies of filings. A comparison of the number of filings in the small group market collected during the Trends study nationally for 2008 to the filings collected in this study for 2012 shows an increase, with 139 filings in 2008 compared to 569 in 2012. In the individual market, there were more filings collected for 2010 in the Trends study (573) compared to the number of filings collected for 2012 in this study (395). As noted in the Methods section, this study only collected data on a subset of carriers with substantial presence in state markets – this is a change from the data collection procedure for the Trends study, and much of the difference in total filings collected by the two studies is explained by either changes in the panel of states or in the sample of carriers. The number of filings in each year and market associated with each independent variable is included in Appendix B.
Table 7: Number of Filings by State for Individual and Small Group Markets, Trends Study (2008-2011) and SMR Study (2011-2012)
* The Trends study did not include DC, DE, NV, NY and TN in the state sample, so these cells are left blank for the Trends columns. This report does not include HI, ID, MA, MD, OH and SD in the state sample, so these cells are left blank for the SMR columns. Missing values for states included in the study are denoted with a dash.
† Trends data for 2011 are incomplete (see Methods section).
‡ Filings downloaded from Indiana’s state portal did not differentiate between small and large group market. A representative from the Indiana Department of Insurance confirmed on March 28, 2013 that the Indiana Rate Watch portal has no way of separating small and large group data. Therefore all “group” filings were excluded from analysis (as seen in Table 6).