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Some Maryland health insurance rates going up, a few go down

The Maryland Insurance Administration has approved premium rates for 2017 small group and individual health insurance plans, and the good news is that rates for small group markets are only increasing by single digits — and some are going down.

The not-so-good news is that rates for individual plans are going up by 20 percent to 30 percent.

Maryland Insurance Commissioner Al Redmer said last week during an interview with Herald-Mail Media that the small-market rates are for employers with two to 50 employees, and affect about 4.1 percent of Marylanders. Rates in the small group market are going up by an average of 3.3 percent, with several United Healthcare plans actually going down.

Read the full article from Hearld-Mail Media.

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