A reinsurance program introduced last year has stabilized Maryland’s individual health insurance market, leading to smaller rate changes than otherwise would have been expected, insurers said at a public hearing Tuesday. With the reinsurance program, insurance pools have become younger ...

Tagged with: health insurance rates individual market

Carriers in Maryland’s individual health market have requested average rate decreases for the second straight year, signaling that after several years of steep rate increases a reinsurance program has stabilized the market. Last year, carriers initially requested large increases. However, ...

Tagged with: health insurance rates individual market maryland insurance administration

Maryland’s uninsured rate under the Affordable Care Act has dropped to 6 percent, but people who make too much money for tax credits have found themselves on the outside. Susan and Jeff Frangione lost well-paying jobs with good benefits during ...

Tagged with: Al Redmer CareFirst BlueCross BlueShield chet burrell health insurance rates

Premium rates for carriers selling health insurance plans on Maryland’s individual market are slated to increase again next year, some by an average of more than 30 percent, according to state insurance regulators. Officials say the increases reflect continuing changes ...

Tagged with: Affordable Care Act health insurance rates maryland insurance administration