Health officials vote for reinsurance program, could help pay for claims

Posted at 10:15 AM, Apr 17, 2018
and last updated 2018-04-17 10:15:40-04

A new plan aimed at stabilizing Maryland's health insurance market is moving forward.

The plan passed in the general assembly during the recently-completed session. Now, the Board of Trustees for the Maryland Health Benefit Exchange have voted to apply for a federal waiver, which would allow the plan to advance.

The prices for insurance plans bought through the Maryland Health Exchange have gone up by double-digit percentages in each of the past four years.

SEE ALSO: A look at bills approved by the Maryland General Assembly