Topics

Health Insurance

Requested health insurance premium increase in Md. unjustified

Requested health insurance premium increase in Md. unjustified

Health insurance companies in Maryland are asking the state for premium increases that are way out of line with the actual cost of providing health care and it's the people who pay for that care whose wallets would be hit hardest. Last week, Maryland regulators considered drastically steep and widely varying increases in health insurance premiums that are being proposed by the state's health insurers. The state's largest insurer, CareFirst, is asking for rate hikes that would raise by more than 30 percent the cost of a policy for people purchasing health plans at the state's health benefit exchange, Maryland Health Connection. This contrasts with much smaller...

Loading