Minnesota Announces Significant 2019 Rate Decreases Due To Reinsurance

October 03, 2018
Minnesota officials announced there will be significant Affordable Care Act premium decreases in the state's individual market for 2019, with premiums drops ranging from 7.4 percent to 27.7 percent for the upcoming plan year. State officials credited the state’s nascent reinsurance program for spurring the rate decreases. Also, the state will have no bare counties for 2019 and only four counties will have just one insurer, while the rest will have two or more. Blue Plus will have a 27.7...

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