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Thursday, November 14, 2024

Maryland Health Benefit Exchange spent $522,651,786 since 2012

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Maryland Health Benefit Exchange reported spending $97,187,910 - 964 percent - more in 2017 than it did six years ago, according to a Anne Arundel Today analysis of state purchasing records.

The Department of Budget and Management publishes all payments made by public agencies in each fiscal year, with data available for fiscal years 2008 through 2017. Vendors include private businesses, local governments, non-profit organizations, and individuals.

Maryland Health Benefit Exchange reported 326 purchases in the last six years, with total purchases totaling $522,651,786.

Maryland Health Benefit Exchange purchases
Year
Total Annual Spending
Year-over-year change (%)
2012
$10,082,031
2013
$29,032,419
188
2014
$104,270,908
259.1
2015
$169,754,185
62.8
2016
$102,242,302
-39.8
2017
$107,269,941
4.9

Source: Department of Budget and Management

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