LAW WITHOUT
GOVERNOR'S CHAPTER
SIGNATURE
655
APRIL 23, 2022 PUBLIC LAW
STATE OF MAINE
_____
IN THE YEAR OF OUR LORD
TWO THOUSAND TWENTY-TWO
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S.P. 428 - L.D. 1331
An Act To Make Individual and Small Group Health Insurance More
Affordable in Certain High-premium Counties
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 24-A MRSA §2736-C, sub-§2, ¶C-1, as enacted by PL 2011, c. 90, Pt. A,
§2, is amended to read:
C-1. A carrier may vary the premium rate due to geographic area in accordance with
the limitation set out in this paragraph. For all policies, contracts or certificates that
are executed, delivered, issued for delivery, continued or renewed in this State on or
after between July 1, 2012 and December 31, 2023, the rating factor used by a carrier
for geographic area may not exceed 1.5. For all policies, contracts or certificates that
are executed, delivered, issued for delivery, continued or renewed in this State on or
after January 1, 2024, the rating factor used by a carrier for geographic area may not
exceed 1.25.
Sec. 2. 24-A MRSA §2808-B, sub-§2, ¶C-1, as enacted by PL 2011, c. 90, Pt. A,
§7, is amended to read:
C-1. A carrier may vary the premium rate due to geographic area in accordance with
the limitation set out in this paragraph. For all policies, contracts or certificates that
are executed, delivered, issued for delivery, continued or renewed in this State on or
after between October 1, 2011 and December 31, 2023, the rating factor used by a
carrier for geographic area may not exceed 1.5. For all policies, contracts or certificates
that are executed, delivered, issued for delivery, continued or renewed in this State on
or after January 1, 2024, the rating factor used by a carrier for geographic area may not
exceed 1.25.
Sec. 3. Report on effect on health insurance premiums. No later than
December 1, 2023, the Superintendent of Insurance shall report on the difference in
premium rates in each geographic rating area used by a carrier in this State between plan
year 2023 and the approved premium rates for plan year 2024. The superintendent shall
submit the report to the joint standing committee of the Legislature having jurisdiction over
health coverage, insurance and financial services matters. The joint standing committee of
the Legislature having jurisdiction over health coverage, insurance and financial services
Page 1 - 130LR1170(03)
matters may report out legislation based on the report to the Second Regular Session of the
131st Legislature in 2024.
Page 2 - 130LR1170(03)


Statutes affected:
Bill Text LD 1331, SP 428: 24-A.2736, 24-A.2808
Bill Text ACTPUB , Chapter 655: 24-A.2736, 24-A.2808