Health insurance exchange approved in Minnesota

Minnesota Health Insurance

Health insurance exchange legislation wins major victory in Minnesota A state-run health insurance exchange may be set in stone in Minnesota. Early this week, state lawmakers passed a legislation that calls for the creation of a health insurance exchange that is managed by the state. The legislation is currently awaiting Governor Mark Dayton’s signature. Plans for an exchange have been in the works for some time, but political battles have sidelined these plans repeatedly. Now, the state is one step closer to having a health insurance exchange in place, which…

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Minnesota making significant progress on its health insurance exchange

Minnesota health insurance moves ahead with exchange system. Minnesota is making significant progress on establishing its health insurance exchange system. The state has determined that it will continue building an exchange despite the uncertain future of the Affordable Care Act. The federal health care law requires each state to build its own exchange by 2014 or risk losing control of the exchange effort to the federal government. Though the state is committed to building an exchange, the burden of the process falls on the Minnesota Department of Commerce instead of…

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Minnesota lawmakers clash over recommendations from health insurance exchange advisory task force

Legislators are clashing in Minnesota over recommendations regarding a health insurance exchange program. The recommendations come from a task force that had been commissioned by Governor Mark Dayton. The task force’s goal was to determine the necessity of a health insurance exchange program for the state. According to the group’s recommendations, the program would bring significant benefits to residents and could help improve the economy of the state, which is why the task force is now supporting plans to build and exchange. The task force was comprised of some of…

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Government shutdown halts licensing activity from Minnesota Department of Insurance

Following the closure of the government in Minnesota on July 1, 2011, the state’s Department of Insurance announced that its licensing activities would be disrupted. As of the start of July, the shutdown of the state government – which has now occurred twice in six years – has led to a cessation of construction, a closure of state parks, and to the sending home of 22,000 state employees. The Minnesota Department of Commerce is responsible for the regulation of insurance within that state. It sent out a letter to insurance…

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