Maryland 2021 Health Insurance Rates Released

BALTIMORE  – Statement from Michele Eberle, executive director of the Maryland Health Benefit Exchange, on the new rates approved by the Maryland Insurance Administration for health insurance plans for 2021 on the individual market in Maryland:

“With health care at the forefront of all of our minds, I am so pleased that rates have fallen on Maryland Health Connection for a third year in a row. That is rare around the country and a great benefit to Marylanders who buy their own health insurance, whether on or off the state’s health exchange. Thank you to Insurance Commissioner Birrane and her staff. With our partner insurance carriers, we look forward to a very successful open enrollment in November and December.”

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Maryland Health Benefit Exchange: (MHBE) is a public corporation and independent unit of the state government. It was established in 2011 in accordance with the Patient Protection and Affordable Care Act of 2010 (ACA) and is responsible for the administration of Maryland Health Connection.

Maryland Health Connection: One of every six Marylanders receive their health coverage through Maryland Health Connection (MHC), the state-based health insurance marketplace. Residents can compare and enroll in health insurance as well as determine eligibility for Medicaid or financial help with private plans.