Rep. Christensen Statement on Minnesota Republican Reforms Reversing Obamacare’s Double-Digit Premium Hikes
On Monday the
If approved by the federal government, the Minnesota Premium Security Plan will result in premium decreases for tens of thousands of Minnesotans. In contrast, average rates increased by double digits every year since 2014, including nearly 60 percent for 2017. As a result of the reinsurance program, all current insurers will continue serving the individual market next year. In addition to the reinsurance program,
These reforms were supported by just one Democrat in the
"Stopping the double-digit increases in insurance rates for Minnesotans is a great step to fulfill the promise I made to fight for lower costs and better access to health care for families," said Rep.
According to the
"If
Final rates for the 2018 individual market are expected to be released in
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