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Maryland Health Insurance Rates Rising
Maryland’s health insurance premiums are set to jump nearly 14% next year, sparking concern as insurers cite rising costs — a ripple effect from lost federal subsidies. While the state’s own subsidy program has helped keep hikes lower than elsewhere, last year’s spikes pushed many residents to downgrade plans or drop coverage entirely, with some facing more than double their monthly bills. The Maryland Insurance Administration is reviewing these requests, holding a public hearing July 23 and aiming for a final decision by September — a move that could potentially rein in increases again…
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