Business, Politics

Gov. Hogan announces 5th consecutive year of low unemployment insurance taxes

BALTIMORE, MD—The Hogan administration on Thursday announced that, for the fifth straight year, Maryland employers would receive the lowest possible unemployment insurance (UI) tax rates allowed under state law. The low tax rate has been made possible by Maryland’s low unemployment and high job growth. Unemployment insurance claim filings, both total and initial filings, are the lowest they have been …


Business, Health, Politics

Gov. Hogan announces 2nd consecutive decrease in health insurance premiums

ANNAPOLIS, MD—Governor Larry Hogan on Thursday announced that the Maryland Insurance Administration (MIA) has approved an average 10.3% premium rate decrease for individual health insurance plans with an effective date of January 1, 2020. This means that, for the second consecutive year, all individual insurance rates in Maryland will see important decreases. The new rates reflect the impact of the …