Overview
Maryland Governor Wes Moore recently signed HB930/SB848, a groundbreaking model for leveraging unused federal health exchange funds, referred to as Safe Harbor funds, to expand access to abortion care.
What are Safe Harbor funds?
Under the Affordable Care Act (ACA), insurance carriers in states that allow abortion coverage on their exchange must collect a separate premium (min. $1/month per enrollee) specifically for abortion services and keep these funds segregated from federal premium subsidies. Because the amount collected often exceeds the cost of providing care to enrollees, the accounts frequently hold a surplus.
