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Md. Gets $27M Federal Grant For Health Exchange

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CBS Baltimore (con't)

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ANNAPOLIS, Md. (AP) — Maryland has received a $27 million federal grant to fund the state’s health benefit exchange.

Lt. Gov. Anthony Brown announced the grant from the U.S. Department of Health and Human Services on Friday.

The exchange will be an online marketplace where Marylanders can compare rates, benefits and quality among health insurance plans to help them find one that best suits their needs.

The administration says Maryland was one of 16 states to be awarded an exchange establishment grant. So far, Maryland has received $34.4 million from the federal health department to plan and build the exchange. That includes a $6 million grant given to six states leading the way on reform implementation.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

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