A new Maryland subsidy will make health insurance more affordable for young adults ages 18-34.
Local officials and state lawmakers gathered on Thursday to highlight the new subsidy as Maryland’s open enrollment period begins Monday for the state’s health exchange.
Legislation enacted by the Maryland General Assembly allocates $20 million a year for two years to bring down the cost of health insurance for people ages 18-34 with low and moderate incomes. That age group continues to have higher uninsured rates.
The new state financial assistance will bring down premium costs significantly for people in that age group.
“Please, please please, you are not invincible. You do need help. Health insurance is now affordable, very affordable,” said Anne Arundel County Executive Steuart Pittman.
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