MD LEG Young Adult Insurance Subsidies

Updated on: May 26, 2025

Latest Event


  • May 2025 MD LEG Governor Approval
  • 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 Maryland MD 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  • Repealed termination date of provisions that established, governed funding program.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.
Regulators
MD LEG
Entity Types
Ins
Reference
Ch. 722, 5/20/2025; Bill, HB297, SB0005, 4/1/2025; Citation: *MD INS* 31-107, 31-122; SB 729;
Functions
Claims/Accelerated Benefits; Compliance; Financial; Operations
Countries
United States of America
Category
State
N/A
Products
Insurance; Insurance-Health
Rule Type
Final
Regions
Am
Rule Date
Apr 1, 2025
Effective Date
Jul 21, 2025
Rule ID
249511
Linked to
N/A
Reg. Last Update
May 20, 2025
Report Section
US Insurance