Sens. Klobuchar, Smith Announce More Than $46 Million for Minnesota's Basic Health Program, MinnesotaCare - 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
November 15, 2018 Newswires
Share
Share
Post
Email

Sens. Klobuchar, Smith Announce More Than $46 Million for Minnesota’s Basic Health Program, MinnesotaCare

Targeted News Service (Press Releases)

WASHINGTON, Nov. 14 -- The office of Sen. Amy Klobuchar, D-Minnesota, issued the following news release:

* * *

The Basic Health Program (BHP), known as MinnesotaCare in Minnesota, is a health benefits program for low-income citizens who would otherwise be ineligible to purchase coverage through the health insurance marketplace

U.S. Senators Amy Klobuchar and Tina Smith (both D-MN) announced that the Centers for Medicare & Medicaid Services (CMS) has awarded $46,276,090 in additional payments to Minnesota for their Basic Health Program (BHP). Established by the Affordable Care Act, states have the option to create a BHP for low-income citizens, providing healthcare coverage to those who do not qualify for programs like Medicaid and Children's Health Insurance Program (CHIP). CMS estimates that qualified health plan premiums in Minnesota would have been 18.8 percent higher if it was not operating their BHP, MinnesotaCare.

"Minnesota has a long, bipartisan history of innovation and efficiency in health care. MinnesotaCare has helped to bring down healthcare costs for the most vulnerable in our state who need affordable, comprehensive coverage," Klobuchar said. "This funding helps in that effort and I will continue to fight for lower healthcare costs."

"MinnesotaCare is a critical program that furthers our goal of making sure everyone has access to affordable, high-quality health care," Smith said. "By investing in MinnesotaCare, we're investing in people across the state and in the shared belief that we can all work collectively to lower the cost of health care."

In May of 2018, Klobuchar and Smith urged the Department of Health and Human Services (HHS) to restore the full amount of federal funding that was cut from MinnesotaCare over the past year. Minnesota, New York, and HHS recently reached an agreement about a lawsuit regarding cost-sharing reduction (CSR) payments. Under the agreement, HHS agreed to develop a new system for providing federal funding for BHPs like MinnesotaCare. In the letter to HHS Secretary Alex Azar and CMS Administrator Seema Verma, the senators called for full funding for MinnesotaCare.

Throughout her time in the Senate, Klobuchar has been fighting to ensure that all Americans have access to affordable healthcare. In 2015, Klobuchar reintroduced the Americans Giving Care to Elders (AGE) Act to help reduce the financial burden on families by establishing a federal tax credit to assist with the costs of caring for an aging family member. Last month, three of Klobuchar's bipartisan bills to combat the opioid epidemic were signed into law as part of the Substance Use-Disorder Prevention that Promotes Opioid Recovery and Treatment (SUPPORT) for Patients and Communities Act. One of those bills, the Eliminating Kickbacks in Recovery Act that Klobuchar introduced with Senator Marco Rubio (R-FL) will help crack down on health care facilities or providers that try to game the system to take advantage of vulnerable patients. Klobuchar has also been a leader in curbing the skyrocketing cost of prescription drugs, improving and strengthening Medicare, and protecting American consumers by leading major bipartisan legislation, such as the Safe and Affordable Drugs from Canada Act, the Preserve Access to Affordable Generics Act, and the Empowering Medicare Seniors to Negotiate Drug Prices Act.

Smith, a member of the Senate Health Committee, has made bringing down health care costs a top priority, saying it's the issue she hears about most as she travels the state. Smith's very first bill took aim at a tactic big pharmaceutical companies are using to keep affordable generic drugs out of the hands of Minnesota families and seniors. Smith later introduced a comprehensive bill to not only lower prescription drug prices for Minnesotans, but also to save billions of tax dollars on Medicare's prescription drug program. In October, President Trump signed into law a measure she pushed to outlaw "gag clauses," which were preventing pharmacists from telling customers when they could save money by paying cash for their drugs, rather than using their insurance. Smith also has a leadership role on the bipartisan Senate Rural Health Caucus, and the Senate-Passed Farm Bill includes a bipartisan provision which she championed with Republican Senator Mike Rounds of North Dakota to create a "Rural Health Liaison" at USDA whose job will be to focus federal health efforts on the unique needs of rural America.

Older

National Treasury Employees Union: Credit Monitoring Contract for Data Breach Victims Expires Soon

Newer

Global stocks higher after Wall Street fall, Brexit approval

Advisor News

  • Dutch gambling tax hike falls short as prediction markets eye World Cup
  • Caregiving: A challenge that costs employers billions
  • Could your practice benefit from an advisory board?
  • SEC nears settlement with accused scammer Tai Lopez
  • The 3 things that shrink your Social Security income
More Advisor News

Annuity News

  • Globe Life Inc. (NYSE: GL) Highlighted for Surprising Price Action
  • Trademark Application for “EMPOWER YOUR MONEY” Filed by Empower Annuity Insurance Company of America: Empower Annuity Insurance Company of America
  • Built-in guaranteed annuities: What advisors should know
  • Malibu Life Holdings Completes Acquisition of TruSpire, Establishing Malibu USA and Accelerating Entry into the U.S. Retail Annuity Market
  • Why job boards are failing insurance agencies
More Annuity News

Health/Employee Benefits News

  • Public worker premiums to spike again NJ public worker health plans poised for another year of premium hikes
  • New Health and Medicine Findings Has Been Reported by Researchers at Health Insurance Review and Assessment Service (Mortality, Health Care Use, and Spending Patterns During South Korea’s Trainee Physicians’ Walkout): Health and Medicine
  • Dishonest telemarketers are selling fake health insurance, leaving Minnesotans in the lurch
  • NC’s State Health Plan switching who administers its members’ benefits, again
  • Caregiving: A challenge that costs employers billions
More Health/Employee Benefits News

Life Insurance News

  • Could your practice benefit from an advisory board?
  • AM Best Revises Outlooks to Stable for Missouri Farm Bureau Group’s Members and Farm Bureau Life Insurance Company of Missouri
  • Globe Life Inc. (NYSE: GL) Highlighted for Surprising Price Action
  • AM Best Assigns Credit Ratings to China Ping An Insurance (Hong Kong) Company Limited
  • Reliance Matrix Expands Employee Navigator Integration with New Evidence of Insurability (EOI) API Enhancement
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

  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
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