PlansByState

Health Insurance for Mortgage Brokers in Maryland

Benchmark $414/mo · +13.4% approved · Maryland Health Connection

Licensed Independent Agent · NPN #22052447 · 23 States

Maryland ranks 1 of 21 on benchmark cost for Mortgage Brokers

A 40-year-old mortgage broker in Maryland faces a benchmark premium of $414/month for 2026, up from $365 in 2025. That is 34% below the national benchmark of $625. Carriers were approved for an average increase of +13.4%.

Get help picking a plan →

Why Maryland data looks different here

There is no CMS plan-level file for Maryland, because Maryland operates Maryland Health Connection instead of healthcare.gov and its issuers file with the state rather than through the federal platform. That is a real gap in the public data, and it is the reason this page leads with approved rate changes and market concentration rather than a county premium grid.

Maryland has the second-cheapest benchmark premium in the country at $414, behind New Hampshire, and the smallest approved increase of these six at 13.4%. Its 1332 State Innovation Waiver reinsurance program, approved through 2028, keeps rates an estimated 30–35% below where they would otherwise sit — 2026 rates are still 6% below pre-waiver 2018 rates.

Maryland 2026 at a glance

Maryland — 2026Figure
Benchmark premium, age 40 (2026)$414
Benchmark premium, age 40 (2025)$365
Year-over-year change+13.4%
Approved average rate increase+13.4%
Versus the national benchmark ($625)-34%
Rank among your 21 licensed states1 of 21
Counties24
Carriers on the exchange7
ExchangeMaryland Health Connection (state-run since 2014)

Approved rate change by carrier

CarrierNetworkMembers2026 approved
CareFirst BlueChoiceHMO122,623+13.6%
Optimum Choice (UHC)HMO93,465+15.2%
KaiserHMO49,427+9.8%
CareFirst CFMIPPO13,412+13.1%
CareFirst GHMSIPPO8,906+13.1%
Aetna HealthHMO4,939not filed for 2026
Wellpoint MarylandHMO1,417+10.0%

Lowest-cost plan by metal tier — Baltimore metro, age 40

MetalCarrierNetwork20252026Change
BronzeCareFirst BlueChoiceHMO$295$339+14.9%
BronzeCareFirst GHMSI/CFMIPPO$456$510+11.8%
BronzeKaiserHMO$287$328+14.3%
BronzeOptimum Choice (UHC)HMO$261$283+8.4%
BronzeWellpoint MarylandHMO$304$332+9.2%
SilverCareFirst BlueChoiceHMO$355$371+4.5%
SilverCareFirst GHMSI/CFMIPPO$510$585+14.7%
SilverKaiserHMO$319$344+7.8%
SilverOptimum Choice (UHC)HMO$302$342+13.2%
SilverWellpoint MarylandHMO$397$437+10.1%
GoldCareFirst BlueChoiceHMO$398$452+13.6%
GoldCareFirst GHMSI/CFMIPPO$574$649+13.1%
GoldKaiserHMO$390$414+6.2%
GoldOptimum Choice (UHC)HMO$340$391+15.0%
GoldWellpoint MarylandHMO$368$404+9.8%

Maryland is the only one of these six states that publishes actual approved dollar premiums by carrier and metal tier.

CareFirst GHMSI and CFMI are the only PPO options; every other carrier is HMO. CareFirst holds 49.3% of the market, UnitedHealthcare 31.8%, Kaiser 16.8%.

Sources: Maryland Insurance Administration, “2026 ACA Approved Rates,” September 19, 2025. KFF, “Marketplace Average Benchmark Premiums,” 2026. Benchmark is the second-lowest-cost Silver plan for a 40-year-old, weighted by plan selections.

What actually matters for a mortgage broker

Work that crosses county lines makes network geography the binding constraint, not monthly cost.

Occupational context: Sedentary and high-stress cycles tied to rate swings.

To be clear about what this does and does not affect: a Maryland carrier cannot ask your occupation, cannot charge a mortgage broker more than anyone else of the same age in the same ZIP, and cannot exclude a condition you already have. Occupation only tells you which plan structure to shop for.

How Maryland compares for Mortgage Brokers

Ranked on the benchmark premium, the one measure published on the same basis for every state. Nothing on this list is cheaper. More expensive: Virginia ($455), Indiana ($474), Nevada ($497).

You buy where you live, not where you work, so treat this as context rather than a shopping list. A genuine move does open a special enrollment period.

See Mortgage Brokers across all 21 states →

Self-employed Mortgage Brokers in Maryland

Expense categories that typically apply to this trade: Licensing, CRM, E&O insurance, lead costs. Health premiums are generally deductible above the line under IRC §162(l) when no employer plan is available to you or a spouse. The deduction lowers your AGI, and AGI sets your premium tax credit, so the two calculate against each other — worth raising with your CPA before you enroll rather than after.

Common questions

Is Maryland expensive for health insurance?

Maryland’s 2026 benchmark premium is $414 a month for a 40-year-old. The national benchmark is $625, so Maryland sits below average.

How much is health insurance for a mortgage broker in Maryland?

The 2026 benchmark premium in Maryland is $414 per month for a 40-year-old, up from $365 in 2025. That is full price before premium tax credits; most buyers pay less after subsidies.

Why did Maryland health insurance go up in 2026?

Carriers in Maryland were approved for an average increase of 13.4%. Filings across the country cited the expiry of the enhanced federal premium tax credits at the end of 2025, rising medical and drug costs, and expectations that healthier people would drop coverage.

Can a mortgage broker be charged more for health insurance in Maryland?

No. Exchange plans are guaranteed issue and community rated. Price varies only by age, ZIP code, tobacco use and household size. Occupation is not a rating factor.

Does Maryland use healthcare.gov?

No. Maryland runs its own exchange, Maryland Health Connection, state-operated since 2014. You enrolll there rather than on healthcare.gov.

Wage benchmark and the 2026 subsidy cliff

$73,340median annual wage, Mortgage Brokers in Maryland
469%of the federal poverty level
$62,6002026 subsidy cliff, single-person household

Above the cliff. At this income a single-person household receives no premium tax credit for 2026 and pays the full premium.

This occupation sits above the cliff in 17 of the 21 states reported and below it in the other 4, so the answer changes with the state.

Median annual wage by state, Loan Officers400% FPL — $62,600Kansas$82,540Colorado$79,800Virginia$79,600Wisconsin$79,230South Dakota$78,590Illinois$75,960North Carolina$75,820Nebraska$75,730Maryland$73,340Michigan$72,680Georgia$72,250Indiana$71,400Florida$71,340Arkansas$70,050Ohio$69,220Oklahoma$65,720Texas$63,770South Carolina$61,690Utah$60,870Alabama$60,750Nevada$58,400

What this figure is. It is the median annual wage BLS reports for Loan Officers (SOC 13-2072) in Maryland. BLS surveys wage and salary workers and excludes the self-employed, so it is a benchmark for the occupation in this state — not the income of a self-employed mortgage broker. Premium tax credit eligibility is set by household modified adjusted gross income and household size, not by occupation, so treat this as a reference point rather than a determination of what you qualify for.

Why the cliff is back. The enhanced premium tax credits expired on 31 December 2025. For plan year 2026 the 400% FPL limit applies again, so household income above $62,600 ends premium tax credit eligibility outright.

Sources
  1. U.S. Bureau of Labor Statistics. Occupational Employment and Wage Statistics, May 2024. State-level annual median wage (A_MEDIAN), detailed occupation. https://www.bls.gov/oes/. Retrieved 2026-08-03. Figures used unmodified; suppressed cells are omitted, not estimated.
  2. U.S. Department of Health and Human Services. Annual Update of the HHS Poverty Guidelines. 90 FR 5917, 17 January 2025. https://aspe.hhs.gov/topics/poverty-economic-mobility/poverty-guidelines. Retrieved 2026-08-03. The 2025 guidelines govern premium tax credit eligibility for plan year 2026 coverage. The 2026 guidelines apply to 2027 coverage.
  3. Full dataset for all occupations and states: CSV · JSON (CC BY 4.0).

How Maryland compares with every other state →

Going deeper on Maryland

This page compares states. For Maryland specifically — county-level carriers and enrollment help — I publish that on Coverage by County, including a page written for Mortgage Brokers in Maryland and a blog covering deductibles, subsidies and special enrollment.

← Mortgage Brokers in all 21 states · All occupations

The 2027 picture for Mortgage Brokers in Maryland

Maryland runs its own marketplace rather than healthcare.gov, so 2027 plan and rate detail arrives on the state’s timetable, not in the federal files most comparison sites reprint. For a mortgage broker that makes national round-ups the least reliable place to look.

Nobody can tell you your 2027 Maryland premium yet. Filings nationally cluster around a 15% median increase, with the full spread running −1% to 54% — and until this state signs off, a specific local number is invention.

Mark November 1, 2026 to open and December 15 to act. That second date guarantees cover from January 1 in Maryland regardless of how the current litigation over the enrollment window resolves.

A head start beats a scramble

Maryland publishes its 2027 plan data on its own schedule rather than in the federal files, so the earlier you get a read on your options the less you are relying on national summaries that may not apply here.

Give me a ZIP and I will tell you three things:

Map my 2027 options →

Put in a Maryland ZIP and see what Mortgage Brokers are paying

Coverage for Mortgage Brokers is priced county by county across Maryland. Enter your ZIP and I will show you what is on the table.

One field. No account, no phone call unless you ask for one.