Tom Price

What would happen if Maryland's ACA marketplace collapsed and what we can do about it

What would happen if Maryland's ACA marketplace collapsed and what we can do about it

Maryland’s Affordable Care Act insurance exchange is, in the estimate of CareFirst BlueCross BlueShield CEO Chet Burrell, in the “advanced stages of a death spiral.” That may understate the case a bit. It’s not just the Obamacare exchange that could collapse if the Trump administration doesn’t promptly approve a bipartisan plan to stabilize premiums; Maryland’s entire health insurance system could be at risk.

The proposed rate increases, ranging from 18.5 percent to 91.4 percent for various plans offered by CareFirst and Kaiser, Maryland’s only two insurers on the exchange, affect a relatively small number of people, just 154,000 out of the state’s 6...

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