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Maryland shows Obamacare can be affordable
Maryland regulators have released the details of the rates they have approved for the nine companies that want to sell policies on the state's new health insurance exchange as part of the Affordable Care Act, and the average rates for individuals buying coverage are expected to jump by as much as 25 percent. Another horror story about the train wreck of Obamacare? Hardly. That figure represents an apples-to-oranges comparison that says little about what health care will cost for any particular individual or family once the exchange starts selling policies this fall. The truth is that Maryland appears to have some of the lowest projected rates in the nation — a tribute to a well-regulated state health care system and officials who are determined to see the Affordable Care Act succeed, not fail.
July 29, 2013