ADVISORY: LT. GOVERNOR BROWN TO MAKE MAJOR ANNOUNCEMENT REGARDING MARYLAND HEALTH BENEFIT EXCHANGE
FOR PLANNING PURPOSES
LT. GOVERNOR BROWN TO MAKE MAJOR ANNOUNCEMENT REGARDING MARYLAND HEALTH BENEFIT EXCHANGE
BALTIMORE, Md. (August 22, 2012) – TOMORROW, Lt. Governor Anthony G. Brown will make a major announcement about Maryland's Health Benefit Exchange. Under the Affordable Care Act (ACA) Maryland's Exchange must be operational by October 2013. The Exchange is a one-stop, transparent marketplace where individuals and small businesses can choose among benefit plans offered by private insurers and determine their eligibility for Medicaid and federal tax credits.
Lt. Governor Brown leads the O’Malley-Brown Administration’s efforts to reduce costs, expand access, and improve the quality of care for all Marylanders. Under the leadership of Governor O’Malley and Lt. Governor Brown, Maryland has implemented reforms that have expanded health coverage to over 335,000 Marylanders, half of whom are children, established Maryland’s Health Benefit Exchange, and put the State in position to maximize the Affordable Care Act (ACA). Independent analysis by the Hilltop Institute at the University of Maryland Baltimore County has found that implementation of the ACA will benefit the state’s budget by $672 million through 2020, generate more than $3 billion in annual economic activity, cut the number of uninsured in half, and create more than 26,000 jobs.
WHAT: Lt. Governor Brown to Make Major Announcement Regarding Maryland Health Benefit Exchange
WHERE: University of Maryland Medical System
Weinberg Building, Room 6/7
Lombard Street (near Penn Street)
WHEN: Tomorrow, THURSDAY, August 23, 11:00 AM