Minnesota State Rep. O’Neill Issues Statement on Preliminary Individual Insurance Market Rates
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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.
"Obamacare has been nothing short of a disaster in
"For families, small business owners, farmers and individuals who purchase their own insurance, today's preliminary rates are good news, and shows that rates are actually decreasing on average next year by as much as 12 percent."
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
Lower Health Care Costs Projected for Second Straight Year
Minnesota State Rep. Layman Issues Statement on Preliminary Individual Insurance Market Rates
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