Comment on Maine receives federal waiver that will help lower ACA insurance premiums

Maine receives federal waiver that will help lower ACA insurance premiums

The federal government has approved a request by the Maine Bureau of Insurance to relaunch its $93 million reinsurance program, which will help reduce premiums for individual insurance on the Affordable Care Act marketplace. On Monday, the U.S. Centers for Medicare and Medicaid Services granted a waiver that permits the state to diverge from the normal rules set up by the ACA for insurance.

 

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