Rep. Schomacker: Health Care Relief, Reform Bill Becomes Law - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
January 28, 2017 Newswires
Share
Share
Post
Email

Rep. Schomacker: Health Care Relief, Reform Bill Becomes Law

Targeted News Service (Press Releases)

ST. PAUL, Minn., Jan. 27 -- The Minnesota State House Republican Caucus issued the following news release:

Legislation that addresses Minnesota's health care premium cost crisis by providing relief to eligible subscribers while increasing access, competition, and transparency has been signed into law. State Representative Joe Schomacker (R-Luverne) supported the plan in the Minnesota House.

"This bill provides direct impact for people seeing their health insurance rates skyrocket," Schomacker said. "It helps ease the shock of premium increases by providing a bit of relief this year, and allows us to begin improving the market for next year and increase competition for health insurance business."

Specifically the proposal provides a one-time appropriation of roughly $325 million from budget reserves to enact the emergency health care aid and an initiative that provides continuity of care.

"This provision allows people who were being treated by a doctor to continue treatment by the same doctor even though they were forced to switch insurance plans," Schomacker said.

Other reforms included will prevent double dipping, prohibit surprise billing, allows more insurance companies to sell in Minnesota; order an audit to determine how the plan is working; and allow organizations with member owners - such as farm cooperatives - to provide health insurance to their members.

"I'm happy we're moving forward and beginning to tackle this problem because Minnesotans have needed our help for quite a while," Schomacker said. "This plan is only the beginning as we will continue addressing this problem throughout the 2017 session. There is no silver bullet to the health insurance downward spiral, but these solutions give us more access and better options than what we have now into the future."

30FurigayJane-5758043 30FurigayJane

Older

Sen. Carper: Taxpayers Encouraged to See If they Qualify for the Earned Income Tax Credit

Newer

Statement by Rep. Loonan on Legislature Passing Health Care Relief Bill

Advisor News

  • Why advisors should offer retirement-longevity planning
  • A hybrid approach outperforms the 4% Rule, researchers find
  • The missing piece in most retirement plans
  • Clients are bringing TikTok insurance advice into advisor meetings
  • Embracing a family-centric approach to financial planning
More Advisor News

Annuity News

  • The Manhattan Life Insurance Company Acquires Union Security Life Insurance Company of New York
  • Cayman Islands premier to meet with U.S. reinsurance regulators
  • Investigation finds deceptive sales, churning of annuities targeting postal workers
  • Corebridge annuity sales slip ahead of Equitable marriage
  • California teachers settle class-action lawsuit over in-plan annuity fees
More Annuity News

Health/Employee Benefits News

  • Health insurance rates expected to climb again for Minnesotans in 2027
  • Sources say Mangione expected to plead guilty
  • Bartholomew County's uninsured adult rate cut in half over 14-year span following Obamacare
  • Doctors say Medicaid change to gender-affirming care will harm vulnerable youth
  • Victoria County budget heads toward September vote
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of PT KB Insurance Indonesia
  • Westaim Reports Q2 2026 Results for the Quarter Ended June 30, 2026 and Leadership Update for Ceres Life Insurance Company
  • Bismarck man convicted of insurance fraud involving dead wife sentenced to prison
  • Insurers, rating firms push back on NAIC credit rating oversight plan
  • The Manhattan Life Insurance Company Acquires Union Security Life Insurance Company of New York
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
  • MassMutual Ascend Surpasses $2 Billion in Lifetime Advisory Annuity Sales, Reflecting Continued Momentum in RIA Channel
  • Royal Neighbors Unveils Its 2026 Scholarship Recipients 2026 Royal Neighbors Scholars Making a Difference Across the Country
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet