Mark Dayton: Affordable Care Act ‘is no longer affordable’
"Ultimately... the reality is the Affordable Care Act is no longer affordable for an increasing number of people," the DFL governor, who signed the state law ushering in the Affordable Care Act in
Last month, state officials announced that health insurance companies on the individual market will increase their premiums between 50 and 67 percent. The massive increases are among the largest in the nation and come amid shrinking provider networks on health insurance plans.
"It's a very serious problem," Dayton said Wednesday.
Those massive increases don't affect most Minnesotans. Rather, they're concentrated in the individual health insurance market, which covers around 5 percent of Minnesotans. Most Minnesotans get their coverage either through an employer or from a government program.
Dayton's commerce commissioner said the rate increases indicate an emergency.
"These are middle-class Minnesotans," Commerce Commissioner
For many Minnesotans, premium increases in the individual health insurance market will be offset for many who are eligible for tax subsidies available for those who buy insurance through MNsure, the state's health insurance exchange. But people who earn more than
Dayton said the state may look at giving insurers greater flexibility and he will examine, after the November election, whether an emergency special session could give Minnesotans some relief from health care cost increases. Lawmakers and the governor had spent the summer working toward a special session for other issues but reached no agreement. The next regular session of the Legislature starts in January.
The governor said the federal government should also play a role, perhaps by offering greater tax credits to consumers or making other significant changes.
"There are a number of things that need to be done," Dayton said.
"I guess it's better late than never, but
The health care overhaul has long been a heated campaign issue. Largely
The entire
Updated
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