Live BlogMaine’s House of Representatives passed a package of health insurance reforms that will open up the insurance market in that state, so it looks more like a market, and should mean more affordable insurance for young adults. Mainers would be able to purchase insurance from other states, small businesses would be able to form larger purchasing groups, insurance rates could vary more by age, and the state would create a high-risk pool for people with expensive health care needs.
Most of the changes move Maine to look more like North Carolina, but the ability to purchase insurance from other states is a first and the increased ability for small businesses to join together could be worth watching.
