Bill > SB728

This bill establishes the Qualified Resident State Subsidy Program, which will provide state premium assistance and cost-sharing reductions to individuals, including minors regardless of immigration status, who are seeking to enroll in qualified health plans through the Maryland Health Benefit Exchange and meet certain eligibility criteria. The bill requires the Exchange, in consultation with the Commissioner of Insurance and with approval from the Board, to submit a state innovation waiver application under the Affordable Care Act to establish the program and seek federal pass-through funding to allow qualified residents to obtain coverage through the Exchange. The program must be designed to make individual market health insurance coverage offered through the Exchange affordable to qualified residents, and the Exchange is directed to establish subsidy eligibility and payment parameters based on available funds.

Budget and Finance

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0728?ys=2022RS