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Health Care

CareFirst now asking for double-digit decreases on all ACA products

(Lisa F. Young / Depositphotos.com)

Maryland’s insurance regulators, carriers and consumer advocates Monday welcomed the effects of a new reinsurance program that has allowed the insurers to dramatically lower rate requests and brought the potential for some stabilization to the state’s individual health insurance market. ...

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Md. to consider health insurance market’s present, future

5-1-18 Baltimore,  MD- Beth Sammis, president, Consumer Health First, speaks at a hearing at the Maryland Health Benefit Exchange in May. (Maximilian Franz)

A busy week is in store for health policy in Maryland as regulators, advocates, consumers and insurers consider the present and future of the state’s individual market. Monday, the Maryland Insurance Administration will hear from insurers and the public as ...

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CareFirst asks for 20-plus % reduction in Obamacare HMO rates

The Carefirst Building in Owings Mills. (file)

CareFirst BlueCross BlueShield has requested a rate reduction of more than 20 percent on Maryland’s individual market following federal approval of the state’s reinsurance program, the latest sign that the gambit to stabilize the market is paying off. In new filings, CareFirst, ...

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Bon Secours and Mercy announce merger is finalized

A merger between Bon Secours Health System and Cincinnati-based Mercy Health System would create the fifth-largest Catholic health system in the country. (File photo)

Bon Secours Health System and Mercy Health announced Wednesday that they have officially merged, forming a large health system including Baltimore’s Bon Secours Hospital. The new system, Bon Secours Mercy Health, announced in July that John M. Starcher, the leader ...

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Md. benefit exchange approves plan on risk adjustments

(Lisa F. Young / Depositphotos.com)

The board of the Maryland Health Benefit Exchange voted Friday on a solution to an issue where the state’s new reinsurance program could cause duplicative payments under the Affordable Care Act’s risk adjustment program. Kaiser Permanente, one of the state’s ...

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