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.
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