Maryland Finalizes 2019 ACA Premiums With Record Rate Decreases

Maryland officials announced that the state's final Affordable Care Act individual market premiums for 2019 will decrease on average 13 percent, bringing the rates significantly lower than the original requests due to the state's new reinsurance program. Maryland Gov. Larry Hogan (R), who is up for re-election this year, blamed rate increases on Congress' failure to approve bipartisan fixes to the ACA that could shore up the markets and said he expects the lowered rates to attract new insurers to...