Residents of Maryland know more this morning about their insurance options on the state’s health insurance exchange. Aetna and UnitedHealthcare are among the 13 insurers who will provide medical benefits for those 730,000 uninsured in the state who choose to gain coverage through the exchange.
California residents who choose to buy health insurance through the state exchange also found out the insurers offering coverage on the marketplace. Californians on the exchange may also end up paying higher premiums.
WellPoint Inc., Molina Healthcare Inc. and Health Net Inc. are among 13 insurers selected to participate in the most-populous U.S. state’s health exchange, which begins enrollment Oct. 1. While the rates the companies will charge vary widely depending on a person’s circumstance, the director of the exchange says that premium increases will be less than the 30% jump projected by consulting company Milliman Inc.
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