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Committee hears data showing Maryland young‑adult subsidy increased enrollment and lowered premiums; sponsors seek permanent reauthorization
Summary
Officials and advocates told the committee that the Maryland Health Benefit Exchange young‑adult subsidy pilot continues to enroll younger adults, eased premiums and boosted equity; Exchange officials recommended removing the sunset and keeping the program funded from the existing reinsurance assessment rather than general funds.
Delegate Kerr presented House Bill 297 to repeal the sunset on Maryland’s Young Adult Health Insurance Subsidies Pilot Program and make the subsidy ongoing while funding remains available through the state’s reinsurance assessment.
Michelle Eberly, executive director of the Maryland Health Benefit Exchange, said the program enrolled nearly 65,000 people ages roughly 18–37, produced average monthly savings of about $38 per enrollee (cited as 30 percent), and increased year‑over‑year enrollment in the age group by 21 percent…
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