Minnesota State Rep. Layman Issues Statement on Preliminary Individual Insurance Market Rates
On Friday, the
All five of the carriers on the individual market are projected to decrease premiums for 2019, with average preliminary rates dropping between 3% and 12.4%. The individual market serves Minnesotans who buy health insurance on their own, not through an employer or the government.
"I was glad to support our reforms that have proven to stop the continual health care cost increases for Minnesotans.
"There's no doubt these reforms are working to make health insurance more affordable for residents in our area and throughout the state."
From 2014-2017, average rates increased by double digits every year, including nearly 60 percent for 2017. Thanks to Republican reforms enacted in 2017, individual market rates for 2018 remained flat or were reduced for most Minnesotans on the individual market. The
The nationally recognized, Republican-led reforms were supported by just one Democrat in the
Final rates for the 2019 individual market are expected to be released in
Minnesota State Rep. O’Neill Issues Statement on Preliminary Individual Insurance Market Rates
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