Governor Mills Highlights $20 Million in Health Insurance Savings for Maine Small Businesses & Employees | Office of Governor Janet T. Mills - Maine.gov
Portland, MAINE – Governor Janet Mills today highlighted savings that Maine small businesses and their employees are receiving through her Small Business Health Insurance Premium Relief Program.The program, an initiative of the Governor’s Maine Jobs & Recovery Plan, reduces health insurance premiums for participating small businesses by $50 per covered employee per month or up to $130 per month for family coverage.
The program has saved $20 million in health insurance costs for Maine small businesses and their employees from its launch in November 2021 through August 2022. It has helped 5,764 small businesses in Maine and 46,348 Maine people – employees and their families – as of June 2022. The support will run through April 30, 2023.
The Governor today visited Old Port Candy Co., a small, family-owned candy store in Portland, that is participating in the program. Co-owner Anna Largay said that the program saves her small business, and her family, $130 per month – and that her total savings through the program thus far has amounted to one month of health insurance premiums she would have had to otherwise pay.
“Small businesses are the backbone of Maine’s economy, providing good-paying and rewarding jobs to Maine people. Ensuring that these businesses, like Old Port Candy, are able to afford something as important as health insurance is important to me, to our people, and to our economy,” said Governor Janet Mills. “I am proud that my Jobs Plan program has saved small...
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