Health Insurers Seek Lower Premiums In Minnesota Market

Health insurers in Minnesota’s individual market are proposing lower premiums for consumers. Information from the Minnesota Department of Commerce shows that the four largest carriers in the market are seeking average rate decreases ranging from 7 to 12 percent. The agency notes the proposed decreases are preliminary. But the decreases are a sign of stability in a market that’s seen premium spikes under the federal Affordable Care Act.