Most Maryland Carriers Propose Average Premium Hikes For 2016

Many Maryland residents can expect their health insurance premiums to rise in 2016 should state insurance regulators allow proposed rates unveiled Friday (May 15) to go into effect. The rates, which range from a 3 percent decrease to a more than 30 percent increase for individual market plans, are now open for public review on the Maryland Insurance Administration's website. "It's important to remember that these rates are what companies have requested, and not necessarily what will be approved," state...