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Media Statement: Maryland Citizens’ Health Initiative Applauds Premium Rate Drop for Individual Health Insurance Plans for 3rd Year in a Row

Maryland Citizens’ Health Initiative President Vincent DeMarco released the following statement today about the Maryland Insurance Administration’s approval of individual health insurance premium rate decreases for 2021.

“We are thrilled that premium rates will drop for individual health insurance plans by double digits for the third year in a row thanks to Maryland’s innovative reinsurance program. Several other states have followed Maryland’s lead on this and other recent health care successes. Making health coverage affordable for Marylanders is more important than ever in the midst of the COVID-19 pandemic.”