minnesota health insurance exchange Archives

Health insurance exchange approved in Minnesota

March 26, 2013March 25, 2013 Logan B.

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…

Health insurance exchange receives nod from Minnesota House

March 18, 2013April 30, 2013

Health Insurance Minnesota Governor Mark Dayton

A bill was passed on Friday that allowed the state to create its own online marketplace. The Minnesota House has now passed a bill that would create an online health insurance exchange that is designed to help the 1.3 million uninsured residents of the state to purchase coverage in order to comply with the individual mandate of the Affordable Care Act. This is a central element of the federal healthcare law and the passing of this bill is a meaningful step in the state. The bill must still make its…

Health insurance exchange in Minnesota moves one step closer to reality

March 11, 2013March 10, 2013 S.Vagus

Lawmakers in Minnesota continue to wrestle with health insurance exchange initiative With the Affordable Care Act looming, lawmakers in Minnesota continue to wrestle with the issue of a state-run health insurance exchange. Those that support the federal health care law argue that it will lead to a dramatic decrease in the costs of health insurance throughout the state, especially if Minnesota decides to operate its own health insurance exchange. Opponents of the law argue that the federal government is overstepping its boundaries. This week, those supporting a state-run health insurance…

Health insurance exchange amendment causes controversy in Minnesota

February 19, 2013April 30, 2013

Legislators at odds over health insurance exchange amendment Minnesota is among several states in the U.S. that is currently considering building and operating its own health insurance exchange. State officials have yet to make any decision on the matter, but several approaches to the exchange effort have already been discussed in the Legislature. Plans for a state-run health insurance exchange have already hit a snag with the Democratic-Farmer-Labor Party, which holds the majority of the state’s political power. Late last week, the Minnesota Senate Tax Committee approved an amendment to…

Health insurance brokers in Minnesota receive some good news

February 6, 2013February 5, 2013 Nordstrom

Health insurance brokers get some good news from the state As the Affordable Care Act inches closer to becoming fully actualized in the U.S., insurance agents and brokers are beginning to feel pressure concerning their livelihoods mounting. The federal health care law calls for the establishment of health insurance exchanges, which are meant to be virtual marketplaces where consumers can find affordable health care policies. Policies would be sold through the exchange, effectively eliminating any third party in the relationship between consumer and insurer, a fact that has many brokers…