Economic policy experts, whistleblower urge House to oppose captive insurance tax pause

By: Danielle J. Brown

Outlets: Maryland Matters

Published: April 9, 2026

Words: 922

Last Updated: 3 months, 3 weeks ago


Body Text Preview

Economic policy advocates don’t want to see Maryland’s hospitals let “off the hook” for what could be years of unpaid taxes on offshore insurance accounts, calling on lawmakers to abandon a plan to pause collections on those taxes.

In an attempt to settle an ongoing dispute over whether nonprofit hospitals should have been paying taxes for what’s known as “captive insurance” sheltered in the Cayman Islands, the Senate last month agreed to put collection of …

Create a free account to access this story and more

Join Plucky Wire to access full stories, collaborate with newsrooms, and discover content from networks around the world.

Register for Free Log in