On May 20, 2025, MD LEG reported bill approved by governor, assigned Chapter 722.
On Apr. 1, MD LEG passed bill on State young adult insurance subsidy.
MD LEG passed bill SB 5 (cross-filed with HB 297), related to State-based young adult health insurance subsidies program, and sunset of pilot program, implementation.
Amend Annotated code of MarylandMD INS 31-107(a), (b), (f)(1)(iv), (g)(1), MD INS 31-122; and Chapter 778 of the Acts of the General Assembly of 2021 (SB 729).
Bill Provisions
Renamed program to remove pilot in name, as the pilot program period had sunsetted.
Repealed termination date of provisions that established, governed funding program.
Authorized Maryland Health Benefit Exchange to establish, implement the program.
Prohibited Exchange from implementing the program if certain funds are not available.
For calendar year 2026, each calendar year thereafter, exchange may designate funds from fund to provide annual subsidies to young adults who meet subsidy eligibility.
Legislative History
On Jan. 8, 2025, bill introduced in Senate; on Feb. 20, 2025, bill passed the Senate.
On Feb. 21, 2025, bill introduced in the House; on Apr. 1, 2025, bill passed House.
Effectiveness
Upon approval, act will take effect on Jul. 21, 2025.
May 2025 MD LEG Governor Approval
On May 20, 2025, MD LEG reported bill approved by governor, assigned Chapter 722.