Minnesota State Rep. Pugh 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.
"For the second straight year, Minnesotans have some positive news on health care as a result of Republican-led healthcare reforms.
"Following years of rates increases and canceled health plans under Obamacare, we've finally turned the tide--today's news is clear we're heading in the right direction.
Our approach is truly making a difference and helping make
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
For Second Year in a Row, Republican Reforms Lead to Lower Health Care Costs
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