Maryland ACA Exchange Rates
Maryland Health Connection released that its Exchange rates are among the lowest in the country to date. The new plans are called the Bronze Plan, Silver Plan, Gold Plan, and Platinum Plan.
Maryland Exchange Rates
The following are rates for individuals purchasing off the Maryland Health Insurance Marketplace. The rates below are estimates and do not include subsidies. Check with your agent for your specific monthly premium.
ACA Plan | Bronze 21 Years | Bronze 25 Years | Bronze 27 Years | Silver 50 Years | Silver 55 Years | Silver 60 Years |
Average Rate | $114 - $123 | $114 - $124 | $119 - $129 | $260 -$269 | $325 - $335 | $395 - $408 |
3 out of 4 MD Uninsured Residents Will Get Subsidies
According to Maryland’s website 75% of their currently uninsured residents will receive one or both of the following federal subsidies:
- 1) Premium Subsidies: to help with your monthly policy payment
- 2) Cost-Sharing Subsidies: to help with deductibles, copays, and coinsurance.
Remember agents like Medicoverage are able to help you with on and off-Exchange plans (plans available outside of the Marketplace) at no cost. To learn your specific premium in your state call 800-930-7956 or contact Medicoverage.
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