Maine

Note: This is an update to the preliminary rate filings posted back in June.

At the time, the weighted average rate increases requested by insurance carriers in Maine were a steep 17.9% hike for the individual market and a 15.8% increase on the small group market.

More recently, the Maine Insurance Dept. has reviewed and approved modified 2024 rate changes, including knocking down the rates by several points in some cases (while raising a few dramatically on the small group market):

Overall, individual and small group rate increases are still pretty bad, but not as steep as they looked a few months ago: +14.6% in both cases.

ORIGINAL ENTRY BELOW

via the Maine Insurace Dept:

Each year insurers that sell Individual and Small Group plans in Maine's pooled risk market must submit their proposed forms and rates to the Bureau of Insurance, using the System for Electronic Rate and Form Filing (SERFF). Details of the filings submitted to the state since June 10, 2010 can be viewed in the system.

To see details of a filing, click on the Search Public Filings button below and paste or type in the relevant SERFF Tracking Number listed in the table (no need to complete the rest of the form).

Anthem Health Plans of Maine:

Drivers of Rate Increase

via the Maine Dept. of Health & Human Services:

Individuals losing eligibility for MaineCare can enroll in plans on CoverME.gov through July 31, 2024

AUGUSTA— The Maine Department of Health and Human Services (DHHS) announced today the launch of a Special Enrollment Period (SEP) through CoverME.gov, Maine’s Health Insurance Marketplace, to help Maine people transitioning from MaineCare coverage after the COVID-19 pandemic explore affordable health insurance options and avoid gaps in coverage. The Special Enrollment Period began on April 15, 2023, and will continue through July 31, 2024, allowing Maine individuals found no longer eligible for MaineCare to apply for plans through CoverME.gov outside of the annual Open Enrollment Period.

Cover ME Logo

via the Maine Dept. of Health & Human Services:

The Maine Department of Health and Human Services (DHHS) is urging Maine residents who lack affordable health insurance to sign up by the deadline of Sunday, January 15, for a 2023 health plan through CoverME.gov, Maine’s health insurance marketplace.

At CoverME.gov, Maine people can compare private plans, apply for financial assistance, and enroll in a 2023 health plan. Health plans offered on CoverME.gov provide quality, comprehensive insurance that protects consumers if they have an accident or major illness and fully pays for preventive screenings for diseases such as cancer and diabetes. This year, more Maine people than ever can get financial help to afford their plans.

Cover ME Logo

via CoverME.gov, Maine's new state-based ACA exchange:

Plan Selection Snapshot

The Maine Department of Health and Human Services (DHHS) Office of the Health Insurance Marketplace (OHIM) will release biweekly updates on plan selections through CoverME.gov, Maine’s Health Insurance Marketplace.  

Plan selections provide a snapshot of activity by new and returning consumers who have selected a plan for 2023. “Plan selections” become “enrollments” once consumers have paid their first monthly premium to begin insurance. These numbers are subject to change as consumers may modify or cancel plans after their initial selection.   

The deadline to select a plan for coverage beginning January 1, 2023 is December 15, 2022. Consumers who select a plan after that date will have coverage beginning February 1, 2023. 

CoverME.gov Activity Through December 24th, 2022 

  • 62,494 Mainers have selected plans for affordable health coverage in 2023
  • This includes 7,449 new consumers and 55,045 returning consumers.
  • 95,352 users have visited CoverME.gov.

Cover ME Logo

via CoverME.gov, Maine's new state-based ACA exchange:

Plan Selection Snapshot

The Maine Department of Health and Human Services (DHHS) Office of the Health Insurance Marketplace (OHIM) will release biweekly updates on plan selections through CoverME.gov, Maine’s Health Insurance Marketplace.  

Plan selections provide a snapshot of activity by new and returning consumers who have selected a plan for 2023. “Plan selections” become “enrollments” once consumers have paid their first monthly premium to begin insurance. These numbers are subject to change as consumers may modify or cancel plans after their initial selection.   

The deadline to select a plan for coverage beginning January 1, 2023 is December 15, 2022. Consumers who select a plan after that date will have coverage beginning February 1, 2023. 

CoverME.gov Activity Through December 10th, 2022 

  • 59,032 Mainers have selected plans for affordable health coverage in 2023
  • This includes 3,834 new consumers and 56,098 returning consumers.
  • 64,505 users have visited CoverME.gov.

Cover ME Logo

via CoverME.gov, Maine's new state-based ACA exchange:

Plan Selection Snapshot

The Maine Department of Health and Human Services (DHHS) Office of the Health Insurance Marketplace (OHIM) will release biweekly updates on plan selections through CoverME.gov, Maine’s Health Insurance Marketplace.  

Plan selections provide a snapshot of activity by new and returning consumers who have selected a plan for 2023. “Plan selections” become “enrollments” once consumers have paid their first monthly premium to begin insurance. These numbers are subject to change as consumers may modify or cancel plans after their initial selection.   

The deadline to select a plan for coverage beginning January 1, 2023 is December 15, 2022. Consumers who select a plan after that date will have coverage beginning February 1, 2023. 

CoverME.gov Activity Through November 26th, 2022 

Cover ME Logo

via CoverME.gov, Maine's new state-based ACA exchange:

Plan Selection Snapshot

The Maine Department of Health and Human Services (DHHS) Office of the Health Insurance Marketplace (OHIM) will release biweekly updates on plan selections through CoverME.gov, Maine’s Health Insurance Marketplace.  

Plan selections provide a snapshot of activity by new and returning consumers who have selected a plan for 2023. “Plan selections” become “enrollments” once consumers have paid their first monthly premium to begin insurance. These numbers are subject to change as consumers may modify or cancel plans after their initial selection.   

The deadline to select a plan for coverage beginning January 1, 2023 is December 15, 2022. Consumers who select a plan after that date will have coverage beginning February 1, 2023. 

CoverME.gov Activity Through November 12th, 2022 

Maine

Back in july, the Maine Dept. of Professional & Financial Regulation posted the preliminary 2023 rate filings for Maine's individual & small group markets:

Maine Health Insurers File Proposed Rates for 2023 Plan Year

Health insurance carriers in Maine's Individual and Small Group markets have filed proposed rates with the Maine Bureau of Insurance (the Bureau) for the 2023 plan year. June 27, 2022 was the deadline for the initial filing of plans and rates, but insurers may revise their filings through July 20, 2022.

Maine

via the Maine Dept. of Professional & Financial Regulation:

Maine Health Insurers File Proposed Rates for 2023 Plan Year

Health insurance carriers in Maine's Individual and Small Group markets have filed proposed rates with the Maine Bureau of Insurance (the Bureau) for the 2023 plan year. June 27, 2022 was the deadline for the initial filing of plans and rates, but insurers may revise their filings through July 20, 2022.

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