Maryland Insurance Administration Approves 2023 Affordable Care Act Premium Rates
Reinsurance Program Continues Positive Impact on Individual Rates, Keeping Rate Increases Below Inflation
BALTIMORE – State Insurance Commissioner Kathleen A. Birrane today announced the premium rates approved by the Maryland Insurance Administration (MIA) for individual and small group health insurance plans to be offered in the state for coverage beginning Jan. 1, 2023.
The rates for individual health insurance plans under the Affordable Care Act (ACA) will change/increase by an average of 6.6% this year. The approved rates are 4.4% lower on average than insurance carriers originally requested – a difference of more than $50 million in total annual premium savings for Maryland consumers.
An estimated additional 34,000 people are now eligible for essential care for a full year after pregnancy, thanks to the American Rescue Plan and the Biden-Harris Administration’s efforts to strengthen maternal health coverage.
Today, the U.S. Department of Health and Human Services (HHS), through the Centers for Medicare & Medicaid Services (CMS), approved the extension of Medicaid and Children’s Health Insurance Program (CHIP) coverage for 12 months after pregnancy in Hawaii, Maryland, and Ohio. As a result, up to an additional 34,000 people annually – including 2,000 in Hawaii; 11,000 in Maryland; and 21,000 in Ohio – will now be eligible for Medicaid or Title XXI-funded Medicaid expansion CHIP coverage for a full year after pregnancy. With today’s approval, in combination with previously approved state extensions, an estimated 318,000 Americans annually in 21 states and D.C. are eligible for 12 months of postpartum coverage. If all states adopted this option, as many as 720,000 people across the United States annually would be guaranteed Medicaid and CHIP coverage for 12 months after pregnancy.
Health Carriers Propose Affordable Care Act Premium Rates for 2023
Public Invited to Submit Comments
BALTIMORE – The Maryland Insurance Administration (MIA) has received the rate filings containing the proposed 2023 premium rates for Affordable Care Act (ACA) products offered by health and dental carriers in the Individual, Non-Medigap (INM) and Small Group (SG) markets.
The carriers’ requested increases are reviewed by the MIA and rates must be approved by the Commissioner before they can be used. Before approval, all filings undergo a comprehensive review of the carriers’ analyses and assumptions. By law, the Commissioner must disapprove or modify any proposed premium rates that appear to be excessive or inadequate in relationship to the benefits offered, or are unfairly discriminatory. The MIA will hold a public hearing on the ACA proposed rates in July and expects to issue decisions in September 2022.
RECORD-SETTING 182,000+ ENROLL IN COVERAGE THROUGH MARYLAND HEALTH CONNECTION DURING OPEN ENROLLMENT
Uninsured Marylanders can enroll through the state tax form's Easy Enrollment or, if eligible, through Medicaid
BALTIMORE – Gov. Larry Hogan today announced that a record number of Marylanders enrolled for health coverage for 2022 in the annual open enrollment that just ended through Maryland Health Connection. The 182,861 enrollments marked a new record for the state-based health insurance marketplace, a 10% increase over the 2021 open enrollment total of 166,038.
Maryland was one of four state marketplaces, along with Colorado, New York and the District of Columbia, that extended their original open enrollment deadlines in response to the hospitalization surge driven by the Omicron variant of Covid-19. Maryland’s open enrollment was originally scheduled to run from Nov. 1, 2021 to Jan. 15, 2022, but was extended through February.
Last chance to shop and enroll in a 2022 health plan
(BALTIMORE) — Marylanders have less than two weeks left to enroll in health coverage that begins March 1, 2022. This year, open enrollment through Maryland Health Connection was extended due to the public health emergency. Maryland residents can enroll in a private health insurance plan until Feb 28, 2022.
“More than 180,000 people have signed up for a health plan since open enrollment began in November. Maryland Health Connection has seen 9% growth over 2021,” said Michele Eberle, executive director of the Maryland Health Benefit Exchange. “This is the last chance for Marylanders to get health insurance this year, and there are more savings for young adults and those with higher incomes than ever.”
This enrollment period is for private health plans only. Those who qualify for Medicaid may enroll any time of year.
EASY ENROLLMENT PROGRAM OFFERS HEALTH COVERAGE, FINANCIAL HELP TO MARYLANDERS WHO CHECK BOX ON TAXES
AFTER OPEN ENROLLMENT, STATE TAX FILERS WILL HAVE ADDITIONAL OPPORTUNITY TO ENROLL THROUGH JULY 15
BALTIMORE, MD – For the third year, the Easy Enrollment Program, a partnership between the Office of the Comptroller of Maryland and Maryland Health Connection, will allow uninsured Marylanders to enroll in health insurance through July 15. The date coincides with the extended state income tax filing and payment deadline.
This innovative program allows Marylanders to check a box on their state tax return to share information with Maryland Health Connection. Within a week, the tax filer can expect a letter in the mail. This unlocks a 35-day enrollment window, starting from the date on the letter.
GOVERNOR ANNOUNCES EXTENSION OF OPEN ENROLLMENT THROUGH MARYLAND HEALTH CONNECTION AFTER A RECORD SEASON
More than 180,000 have enrolled for 2022, an all-time high and a 9% increase over last year
(JAN 18, 2022) ANNAPOLIS, MD – Gov. Larry Hogan today announced that open enrollment will continue on Maryland Health Connection through February in light of the ongoing public health emergency. A record number of Marylanders - 181,603 - have enrolled in coverage for 2022 through the state’s health insurance marketplace. A surge of new enrollees fueled the 9-percent increase over a year ago.
In fact, this is up 9.4% vs. last year, which itself was the previous all-tiime record for MD, I believe.
MARYLANDERS HAVE JUST 10 DAYS TO GET HEALTH COVERAGE STARTING FEB. 1
Enroll in a health plan by Jan. 15
(BALTIMORE) — Marylanders can enroll in a 2022 health plan and get savings through Maryland Health Connection. until Jan. 15, 2022, for coverage beginning Feb. 1.
“We encourage all Marylanders to get their COVID vaccine, including their booster if they are eligible. All COVID vaccines are free,” said Michele Eberle, executive director of the Maryland Health Benefit Exchange. “Because the virus is unpredictable, the next best thing you can do is get a health plan so you can be prepared for whatever happens. Give yourself the peace of mind that comes with having health insurance. Now is not the time to leave your health to chance.”
MARYLANDERS HAVE JUST 10 DAYS TO GET HEALTH COVERAGE STARTING JAN. 1
Shop and enroll in a health plan for coverage in January
(BALTIMORE) — Marylanders have two weeks left to enroll in health coverage that begins Jan. 1, 2022 on the state’s health insurance marketplace, Maryland Health Connection.
This year, open enrollment through Maryland Health Connection runs a month longer than in recent years. Maryland residents can enroll in a private health insurance plan until Jan. 15, 2022. Those who enroll by Dec. 31, 2021, will have coverage beginning Jan. 1, 2022. Anyone who enrolls during the first two weeks of January will have coverage beginning Feb. 1, 2022.
“New federal and state laws offer financial help for those who did not qualify in the past,” said Michele Eberle, executive director of the Maryland Health Benefit Exchange. “More than three-quarters of those who already have enrolled qualified for savings on their 2022 plans.”
Greater savings for young adults and higher-income households are new this open enrollment
BALTIMORE — With greater savings than ever for young adults and for households previously ineligible for financial help, open enrollment for the 2022 plan year begins today at MarylandHealthConnection.gov, the state’s online health insurance marketplace.
Open enrollment runs from Nov. 1, 2021, through Jan. 15, 2022. Coverage starts Jan. 1, 2022, for plans selected before Dec. 31, and coverage starts on Feb. 1, 2022, for plans selected in the first two weeks of January. Those who qualify for Medicaid may enroll any time of year.
This year, many people can get a health plan for as little as $1 a month. Even for those who have looked before, it’s worth coming back, because there are now savings available for households at all income levels. Plus, a new Maryland law allows for adults ages 18 to 34 to get discounts on top of other savings.