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MD HB780
MD HB780Maryland Health Benefit Exchange – State–Based Young Adult Health Insurance Subsidies Pilot Program
summary
Introduced
01/29/2021
01/29/2021
In Committee
03/26/2021
03/26/2021
Crossed Over
03/16/2021
03/16/2021
Passed
03/30/2021
03/30/2021
Dead
Signed/Enacted/Adopted
05/30/2021
05/30/2021
Introduced Session
2021 Regular Session
Bill Summary
Requiring the Maryland Health Benefit Exchange to establish and implement a State-Based Young Adult Health Insurance Subsidies Pilot Program to provide a means for young adults to reduce the amount they pay for health benefit plans in the individual health insurance market; requiring the establishment of certain subsidy eligibility and payment parameters for calendar years 2022 and 2023; authorizing the Exchange to designate not more than $20,000,000 for the Pilot Program in each of fiscal years 2022 through 2024; etc.
AI Summary
This bill requires the Maryland Health Benefit Exchange to establish and implement a State-Based Young Adult Health Insurance Subsidies Pilot Program. The program aims to reduce the amount that young adults (ages 18 to 40) with incomes between 133% and 400% of the federal poverty level pay for health benefit plans in the individual health insurance market. The Exchange is authorized to designate up to $20 million in annual subsidies for the program in fiscal years 2022 through 2024. The bill also requires the Exchange to track and report on the program's expenditures and impact on individual market rates.
Committee Categories
Budget and Finance, Health and Social Services
Sponsors (1)
Last Action
Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 777 (on 05/30/2021)
bill text
bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0780?ys=2021RS |
| BillText | http://mgaleg.maryland.gov/2021RS/Chapters_noln/CH_777_hb0780t.pdf |
| Vote Image | http://mgaleg.maryland.gov/2021RS/votes_comm/hb0780_fin.pdf |
| BillText | http://mgaleg.maryland.gov/2021RS/bills/hb/hb0780t.pdf |
| Favorable with Amendments 676685/1 Adopted | http://mgaleg.maryland.gov//2021RS/amds/bil_0000/hb0780_67668501.pdf |
| Vote Image | http://mgaleg.maryland.gov/2021RS/votes_comm/hb0780_hgo.pdf |
| BillText | http://mgaleg.maryland.gov/2021RS/bills/hb/hb0780f.pdf |
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