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CMS Approves Maryland Reinsurance Waiver for Obamacare Markets

August 23, 2018

The Centers for Medicare & Medicaid Services (CMS) gave Maryland a green light to start a reinsurance pool for its Affordable Care Act exchange, and the state estimates the program will effectively cancel out the previously projected 30 percent average rate hike for 2019. The waiver will lower premiums by an estimated 30 percent according to the state's application, and officials figure this will bump up exchange enrollment by nearly 6 percent. Click here for more information.