Dollar in pool The bureau projects that pooling the market will reduce premiums by an average of 8% for individuals and about 6% for small employers in 2023. (Photo: Shutterstock)

Maine will merge individual and small-group insurance markets under the Affordable Care Act in an attempt to create more stable pricing for health coverage. The Maine Bureau of Insurance said the market for individual health insurance has been stable, but premiums for small-group insurance have been rising as enrollment declines.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Core and Group Health
Health Care Reform
Employer-Paid