Minnesota delegation pushes for ‘reinsurance’ approval
Earlier this year, state lawmakers created a "reinsurance" program to help stabilize the market in
The program is contingent on federal approval, however, and the chief executive of the state's MNsure exchange told a
State law calls for the public release of final 2018 health insurance rates in the market by
"This matter is urgent because the
"Accordingly, on behalf of our constituents, we urge you to complete your consideration of
A spokeswoman for HHS offered no comment Friday on the letter.
If the reinsurance program is approved, average premiums charged by
Without the reinsurance program, the range of proposed premium changes in
When the changes kicked in during 2014, premiums for individual coverage sold through MNsure were among the lowest in the country. Rates since then have skyrocketed, however, and regulators say the market for 2017 nearly collapsed.
"The governor and both Democratic and Republican leaders strongly support this effort to address premium costs and access to affordable health care in our state," says the letter to Mnuchin and Price.
Twitter: @chrissnowbeck
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