Bill > HB1782

This bill: Requires certain insurers, nonprofit health service plans, health maintenance organizations, managed care organizations, dental plans, and other regulated entities to pay an assessment in 2019 to recoup the aggregate amount of the insurer provider fee under the Affordable Care Act. The assessment will be distributed to the Maryland Health Benefit Exchange Fund to provide funding for the operation and administration of the new Health Care Access Program, which will provide reinsurance to carriers offering individual health benefit plans in the state to help stabilize the individual health insurance market. The bill also requires individuals to maintain minimum essential health coverage or face a penalty, with the revenue from the penalty going to the Health Care Access Program. Additionally, the Maryland Health Insurance Coverage Protection Commission is directed to study and make recommendations for individual and group health insurance market stability, including potential Affordable Care Act waivers, standard plan designs, merging the individual and small group markets, and other measures.

Budget and Finance, Government Affairs, Health and Social Services

http://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1782?ys=2018rs