BALTIMORE (Oct. 3, 2023) – Marylanders can now preview 2024 health plans and prices on MarylandHealthConnection.gov, the state’s online health insurance marketplace. Use the “Get an Estimate” tool to compare health plans and savings. Open enrollment to sign up for a 2024 health plan runs from Nov. 1, 2023 through Jan. 15, 2024. Enroll in plans from Aetna, CareFirst, Kaiser Permanente and UnitedHealthcare. Vision and dental plans also are available.
“Maryland Health Connection is committed to keeping rates as low as possible for Marylanders and their families. We offer some of the lowest rates in the nation," said Michele Eberle, executive director of the Maryland Health Benefit Exchange. “Life happens. A health plan can give you a sense of security and stability when parts of your life may feel unpredictable.”
Maryland Insurance Administration Approves 2024 Affordable Care Act Premium Rates
Reinsurance Program Continues Positive Impact on Individual Rates
BALTIMORE – Maryland Insurance Commissioner Kathleen A. Birrane today announced the premium rates approved by the Maryland Insurance Administration for individual and small group health insurance plans offered in the state for coverage beginning Jan. 1, 2024.
Rate Changes for the Individual Market
The rates for individual health insurance plans subject to the Affordable Care Act (ACA) will change/increase by an average of 4.7% for 2024. Approximately 229,000 Marylanders are impacted by the approved rates. However, the actual percentage by which the rates for a specific plan will change depends on the carrier and plan.
Aetna CVS Health will join Maryland Health Exchange individual market in 2024
BALTIMORE – Aetna, a CVS Health company, has filed to offer its Aetna CVS Health individual health plans through Maryland Health Connection in 2024, giving consumers across Maryland another option for health coverage through the state-maintained marketplace.
“This is great news for the individuals and families who choose their health insurance coverage through the Maryland Health Connection marketplace,” said Governor Wes Moore. “It is vitally important for consumers to have choices to select the best plan for their needs. Maryland continues to be a national leader in maintaining a robust, affordable marketplace.”
Currently, three insurers – CareFirst BlueCross BlueShield, Kaiser Permanente and UnitedHealthcare – offer individual market health plans through Maryland Health Connection.
MARYLAND WINS FEDERAL APPROVAL FOR “REINSURANCE” FOR ANOTHER FIVE YEARS
Program has helped drive down rates for Marylanders who buy their own health coverage to among the most affordable in the nation
BALTIMORE (July 5, 2023) – The Reinsurance Program that helped drive down costs for consumers who purchase their own health insurance in Maryland to among the lowest rates in the nation has been renewed for the next five years.
The U.S. Department of Health and Human Services and the Department of the Treasury informed Maryland health and insurance officials that they have approved the state’s application for the period from Dec. 31, 2023, when the current authorization expires, until Dec. 31, 2028.
Health Carriers Propose Affordable Care Act (ACA) Premium Rates for 2024
Public Invited to Submit Comments
BALTIMORE – The Maryland Insurance Administration has received the rate filings containing the proposed 2024 premium rates for Affordable Care Act (ACA) products offered by health and dental carriers in the Individual, Non-Medigap and Small Group markets, which impact approximately 471,000 Marylanders.
Yesterday I noted that the Maryland legislature, which has had an excellent record on healthcare reform policy in recent years, had a rare misstep when they took a pass on allowing undocumented immigrants to enroll in the states ACA exchange. While the lack of federal subsidy eligibility would have severely limited the number of undocumented Maryland residents who would be able to utilize this path towards healthcare, it was still a missed opportunity.
Today, however, I can report that the MD legislature has passed several other bills which move things in the right direction. Via Rob Flaks of WMDT:
With just days left in the General Assembly session, Maryland lawmakers have passed a series of bills aimed at expanding healthcare access and combating costs across the state.
...The proposal at issue would allow undocumented immigrants to buy health insurance through the state exchange, a policy change that state analysts predict would lead to coverage for about one-third of the state’s undocumented population, or 82,500 people. The move would add Maryland to a small number of states targeting the group in an effort to shore up gaps in health care access — a goal that has faced head winds in Congress.
Supporters say the proposal dovetails with Gov. Wes Moore’s goal of eliminating child poverty and would reduce overall premiums and care provided by hospitals free of charge to the uninsured. But instead of passing a bill that would open the insurance marketplace, which would require a federal waiver, lawmakers instead approved legislation that calls for the Maryland Health Department and the Maryland Health Benefit Exchange to study options for undocumented immigrants’ health care needs to guide their work moving forward.
Consumer Advisory: Maryland-issued health insurance policies are not impacted by Braidwood Management, Inc. v. Becerra; preventative services, including PrEP, are still required to be covered
BALTIMORE – Health insurance policies (including HMO plans) issued in Maryland are not impacted by a recent ruling by a federal judge in Texas that health plans do not have to cover certain preventive services.
MORE THAN 182,000 ENROLLED FOR 2023 COVERAGE THROUGH MARYLAND HEALTH CONNECTION
Enrollment reached an all-time high in 10th year of state-based marketplace
BALTIMORE (Jan. 24, 2023) – A record number of Marylanders – 182,166 – enrolled in coverage for 2023 through Maryland Health Connection, the state’s health insurance marketplace in its 10th year of operation.
Open enrollment began Nov. 1, 2022, and ended Jan. 15. People who enrolled in January will start coverage Feb. 1.
“We’re very happy to continue to have success in reaching Marylanders in need of affordable health coverage,” said Michele Eberle, executive director of the Maryland Health Benefit Exchange, which runs the state’s health insurance marketplace. Total enrollment has grown five consecutive years and by more than 15 percent since just before Covid-19 and the public health emergency.
