Tuesday, April 29, 2008

Maryland Health Insurance Plan

The Maryland Senate has signed on a health insurance plan to pump $ 600 million in health insurance for residents of Maryland over the next five years.

The Senate voted 31-16 in a largely online voting to adopt Gov. Martin O'Malley's plan to expand Medicaid eligibility and give small businesses a grant to help provide health insurance to their employees .

The bill still needs final approval in the Senate before heading to the House, which adopted a similar plan last year and is thought to approve a version of its plan O'Malley.

The financing of health insurance expansion comes from several sources, including slot machines and gaming tax on tobacco. The two have yet to be approved.

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