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2018 Regular Session



Maryland Health Benefit Exchange - Establishment of a Reinsurance Program

Sponsored by:

Delegate Pena-Melnyk


In the Senate - First Reading Finance

Synopsis:Requiring, rather than authorizing, the Exchange to establish a State Reinsurance Program to provide reinsurance to carriers that offer individual health benefit plans in the State; requiring that the Program be designed to mitigate the impact of high-risk individuals on certain rates; providing that, beginning on January 1, 2019, funding for reinsurance in the individual health insurance market through the Program may be made from any available State and federal funding source; providing a certain contingency; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Delegates Pena-Melnyk, Pendergrass, Busch, Angel, B. Barnes, Barron, Bromwell, Frush, Hill, Kelly, Kipke, Metzgar, Miele, Morgan, Reznik, Rosenberg, Sample-Hughes, Szeliga, Valentino-Smith, West, K. Young, Cullison, Hayes, Krebs, Morales, Platt, and Saab
Additional Facts:Bill is an Emergency Bill
Bill File Type: Regular
Effective Date(s): Upon Enactment
Health and Government Operations  View Committee HearingFinance
Broad Subject(s):Insurance - Health
Narrow Subject(s):Emergency Bills
Federal Government
Health Benefit Exchange
Health Insurance -see also- HMOS; Managed Care Organizations
Insurance Administration
Medical Assistance
Prices -see also- Consumer Price Index
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Rules and Regulations
Statutes:Article - Insurance
(31-107, 31-117, 31-117.1)

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March 16, 2018 4:45 P.M.