On January 12, 2023, the Florida Life & Health Insurance Guaranty Association Board of Directors approved the following assessments:
Class A assessment of $500
Class B Long Term Care: Senior American – $1,000,000 (The assessment will be spread among all three FLAHIGA accounts - Life, Annuity, Health) and Florida Health Maintenance Organization Consumer Assistance Plan members per “§631.718 Assessments.”
Class B Health account: (Share of LTC assessment)
Class B Life account: (Share of LTC assessment)
Class B Annuity account: (Share of LTC assessment)
Premiums filed with the Florida Office of Insurance Regulation on the NAIC “Life, Health & Annuity Guaranty Association Model Act Assessment Base Reconciliation Exhibit” are used to calculate member company assessment amounts. If you do not file the required exhibit, we use the premium from “Schedule T” or “Exhibit of Premiums and Losses.”
We will send the invoices via electronic mail in May or June 2023. Please make all assessment payments via Bill.com or ACH
Please email assessments@flahiga.org with any questions or updates to your company contact information.