Federal Government Approves Maine’s Plan to Improve Health Insurance

Governor Janet Mills announced today that the Federal government has approved Maine’s plan to improve health insurance for small businesses

By implementing first-in-the nation innovations to help increase coverage and hold down premium increases,

which will save individuals and employees in small businesses money on health care costs.

The individual market serves people who buy insurance on their own with Federal financial assistance

while the small group market serves employers with 50 or fewer workers.

It will also help insulate Maine’s small businesses from a nationwide increase in health costs due to inflation,

Small businesses are the backbone of Maine’s economy, providing jobs and crucial benefits like health insurance to tens of thousands of Maine people.