Farmer health plans expect growth
Whereas average premiums are declining next year for health plans sold via MNsure, organizers say the co-op rates will be flat or increasing for 2019.
Even so, the co-ops said they are planning for growth. Critics fear farmer health plans might hurt the individual market under the federal Affordable Care Act (ACA) by pulling healthy people out of the MNsure risk pool, but so far the co-op impact has been limited.
"We expect a pretty big bump," said
The law for agricultural cooperative health plans (ACHPs) let farmers in certain circumstances band together in "self-insured" health plans like those used by many large employers. Co-op coverage is open only to members who actively work in production agriculture, the law says, or provide direct services to the state's industry.
Two groups launched ACHPs for 2018 -- Land O'Lakes and
But the first-year sign-up numbers led some experts to suggest the initial effect from the farmer health plans would be small.
For 2019, Sen said "the prices remained flat" for coverage in the Land O'Lakes plan, which had more than 700 enrollees in January. The cooperative is making the coverage available next year to more farmers as well as their employees.
"We hope to double our current level of lives to 2,200 total," Vrieze wrote in an e-mail.
About 155,000 state residents purchase individual health insurance policies, which are an option for people under age 65 who are self-employed or don't get coverage from their employer.
The market saw significant changes starting in 2014 when the federal ACA made it illegal for health insurers to deny coverage to individuals with pre-existing health conditions. At that time, about 293,000 Minnesotans bought individual coverage. The market has shrunk because of a series of big premium increases.
Twitter: @chrissnowbeck
___
(c)2018 the Star Tribune (Minneapolis)
Visit the Star Tribune (Minneapolis) at www.startribune.com
Distributed by Tribune Content Agency, LLC.


Yemeni rebels say they halted Saudi-led forces at port city
Collector’s Office mails out Johnson County tax statements
Advisor News
- After the midterms: Addressing your clients’ tax concerns
- Berkeley arts tax heads toward passage while public bank measure looks likely to fail
- Americans’ sense of overall prosperity still ticks upward
- Turning expanded eligibility into a better coverage plan for federal clients
- Election 2026: Which of Berkeley's 7 ballot measures will pass?
More Advisor NewsAnnuity News
- AM Best Affirms Credit Ratings of Knighthead Annuity & Life Assurance Company and Merit Life Insurance Co.
- Jackson reports record annuity sales, increases share repurchase authorization
- Why the market doesn’t need more carriers
- Equitable, Corebridge steam toward merger with strong Q3 annuity sales
- Jackson Announces New Annuity Offering for AARP Members
More Annuity NewsHealth/Employee Benefits News
- Medicare open enrollment continues through Dec. 7
- Pike County facing year-end employee healthcare lapse
- Investigators at University of Pennsylvania Report New Data on Managed Care (In-hospital Medicaid enrollment facilitates follow-up care for emergency general surgery patients): Managed Care
- New Findings from University of Pennsylvania in the Area of Managed Care Described (Association of Neighborhood Socioeconomic Disadvantage With Excess Mortality Among Medicare Beneficiaries: Examining an Empirical Basis for Social Risk …): Managed Care
- Research on Acute Lymphoblastic Leukemia Published by Researchers at Stanford University (Travel time, insurance, and specialized cancer care for adolescents and young adults with acute lymphoblastic leukemia): Oncology – Acute Lymphoblastic Leukemia
More Health/Employee Benefits NewsLife Insurance News
- AM Best Affirms Credit Ratings of Central States Indemnity Co. of Omaha and Its Subsidiary
- National Life Group Approves $23 Million Dividends for 2027
- Milliman’s proposed $15.5 million settlement puts life insurance underwriting data in focus
- Brighthouse Financial Announces Third Quarter 2026 Results
- Prudential earnings dip as Japan sales suspension offsets U.S. growth
More Life Insurance News