Minnesota health insurance market in ’emergency situation’

by FOX9  |  published on October 3, 2016

Minnesota HealthcareST. PAUL, Minn. — Minnesota’s top health insurance regulator says the state’s individual market is in “an emergency situation” amid big rate increases for next year.

Department of Commerce Commissioner Mike Rothman said Friday that the five companies offering plans through the state’s exchange or directly to consumers were prepared to leave the market for 2017. He said big rate increases were the tradeoff to convince all but one company to remain for now.

Rate increases finalized this week range from a 50 percent average hike for HealthPartners plans to a 67 percent jump on average on UCare.

  • ONTIME

    The implosion is now in effect,the big government should not be dictating insurance terms or be involved in free enterprise and choice, the government should not be involved in the student loan biz or just dismiss the problems they cause and the cost incurred……Government is not the solution, it is the problem…………

    • Santarbeasley

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  • justinwachin

    People need to remember this when they go to vote. Hillary will continue to push the horrible ObamaCare. We can only hope that President Trump and a Republican House and Republican Senate will replace ObamaCare with a system based on free enterprise that encourages innovation to solve our health care problem.

    ObamaCare is pulled from the socialist playbook. Just like every socialist experiment, it will fail because the central planners have no idea what they are doing when it comes to business.

  • used_to_be_a_liberal

    Why don’t they go to Saint Olive Minnesota and speak to Rose, she can give them better advice then anyone else.

  • Walter Flatt

    OH YEAR, OBAMA CARE.

    THE BIASED NEWS WILL DO AND SAY ANYTHING TO KEEP FROM SAYING ANYTHING ABOUT THE CLINTONS CHRIMINAL ACTIVITIES.

    ALL YOU HAVE TO DO IS,

    GOOGLE THE NEW CLINTON CHRONICLES 2015,

    CLINTONS CIRCLE OF POWER,

    ALSO HILLIARY CAREER CHRIMINAL.

    LISTEN, ALL CHRISTIAN, VET, GI & AMERICAN SHOULD KNOW

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