Maryland House Passes Bill To Limit Insurance Premium Hikes | WAMU 88.5 - American University Radio

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Maryland House Passes Bill To Limit Insurance Premium Hikes

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By Rebecca Blatt

In Maryland, a bill to restrict how often insurance companies can raise premiums on individual health plans is heading to the state Senate.

The bill would prohibit insurance companies from raising premiums more than once a year. It does include exceptions for some situations-when a person moves from one age bracket to another during the course of the year-or when a family member enrolls in a plan.

Delegates voted 130 to 0 in support of the bill, with 11 members absent. It would apply to plans issued, delivered or renewed after September 30th.

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