From The Washington Post:
Maryland insurance officials approved final rates Friday for health plans to be sold in the online marketplace for individuals beginning Oct. 1. The rates offered by nine carriers are among the lowest of the 12 states that have proposed or approved rates for comparison and among the lowest in the D.C. area, according to an analysis by Maryland officials who will be operating the state’s marketplace.
The Maryland Insurance Administration approved premiums at levels as much as 33 percent below what had been requested. For a 21-year-old non-smoker, for example, options start as low as $93 a month.
“We are pleased that Maryland is among the lowest in the country,” said the state’s health secretary, Joshua Sharfstein. He said the approved rates were an important step for the fall launch of the online marketplace, the Maryland Health Connection.
http://www.washingtonpost.com/...
Nice to see the seditious Goposaurs walking into a strong head wind as they desperately try to shut the whole ACA thing down.
#GoodbyeGOP
Update 1:
In the comments, Phoebe Loosinhouse adds this:
It's important to note that the rate quoted is without factoring the subsidies which many if not most 21 year olds will qualify for so that their actual out of pocket will be MUCH lower.
The GOP will take this same story and spin it as 21 year old Marylanders will be FORCED to buy an insurance policy that costs them almost 1200 a year and scare monger them into thinking that Obamacare needs to be repealed.
The Washington Post Story sucks in that regard (what a surprise) because although they mention the subsidies, they are not clear about how much they will lower the actual out of pocket expense of the policy.