Minnesota AG Swanson seeks law on for-profit health plan deals
Swanson is highlighting the issue in a letter to Gov.-elect
The attorney general, who is leaving office next year, pushed for the current moratorium on for-profit conversions following 2017 legislation that struck down a 40-year ban on for-profit HMOs in
"I write to bring to your attention an important provision that must be enacted into law this legislative session to protect
In
For decades,
"With the expiration of the moratorium on
The state's nonprofit HMOs have received exemptions for various forms of taxation, Swanson wrote. In addition, the nonprofit HMOs have been hired by the state to administer public health insurance programs.
From 2002 to 2011,
"Their preferential treatment has resulted in
When the current moratorium was adopted in 2017, nonprofit HMOs in the state said they weren't interested in becoming for-profits.
Speculation swirled earlier this year that some sort of change could be coming for
In early 2017, the Legislature eliminated the 40-year ban on for-profit HMOs as part of a bill to provide premium relief for those who buy health insurance in the state's troubled market for individual policies.
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