Business, Government

Governor Hogan announces health insurance premium rate decreases

Governor Larry Hogan on Friday announced approval of an average 13.2 percent premium rate decrease for individual health insurance plans with an effective date of January 1, 2019. These rates reflect the impact of Maryland’s 1332 State Innovation Waiver, which creates a State Reinsurance Program to help stabilize Maryland’s individual health insurance market and prevent previously-predicted massive rate hikes. “Rather than …


Business, Education, Government

Governor Hogan signs landmark health care legislation

Governor Larry Hogan, joined by Senate President Thomas V. “Mike” Miller and Speaker of the House Mike Busch, on Thursday signed landmark legislation to stabilize Maryland’s health care insurance market and prevent rates from soaring. “This problem should have been solved in Washington, but nothing has been done. Our team has been working on potential solutions for more than a …