Gov. Mark Dayton is taking heat for avoiding reporters with questions about a key insurance provider’s exit from the state’s health care exchange.
Minnesota-based PreferredOne had some of the lowest insurance rates in the country on the MNsure website, but abruptly dropped out in September. Now, it’s raising rates for some customers as much as 66 percent — a jarring “market correction.” Larry Jacobs studies the federal health care law for the Humphrey Institute at the University of Minnesota.
The cost of getting health insurance through MNsure next year is going up — but it will still be among the lowest in the country. Minnesotans who get insurance through the state’s health exchange can enroll for next year beginning Nov. 15. Even though the rates are low for some people, others could see big rate hikes.
This week, the Minnesota Commerce Department is getting set to release a snapshot of the 2015 MNsure rates for individual policy holders. With PreferredOne severing ties with MNSure, Dave Racer of the National Association of Health Underwriters says the new rates may come with some sticker shock.
The state Commerce Department is preparing to release an early snapshot of 2015 premium rates for policies that will be sold on Minnesota’s health insurance exchange, MNsure.
After more problems at Minnesota’s online health care exchange, the Republican candidate for Minnesota governor says if he’s elected, he’ll make drastic changes to MNsure. And Jeff Johnson is pressing Democratic Gov. Mark Dayton to do more to stop premium hikes for small businesses. MNsure’s largest and lowest cost provider — PreferredOne — said this week it’s dropping out of the health exchange for financial reasons.
Help will be available for consumers as PreferredOne, the largest provider of coverage for the first year of Minnesota’s health insurance exchange, pulls out of the state-run online marketplace, MNsure’s chief executive said Wednesday. CEO Scott Leitz told MNsure’s board of directors he’s disappointed in PreferredOne’s announcement Tuesday
The insurance company with the lowest rates and most customers on Minnesota’s health care exchange has told state officials that it’s pulling out of MNsure for 2015. The decision by Golden Valley-based PreferredOne deals a major blow to the exchange as the next open enrollment period approaches.
Minnesota’s largest private insurance companies are opposing President Barack Obama’s plan to let people keep existing insurance for at least a year under his health care law.