Health insurance enrollment deadline extended in Minnesota

Minnesota Health Insurance

Minnesota residents will have more time to enroll for insurance coverage Residents of Minnesota now have more time to ensure that their health insurance policies will be active at the beginning of 2016. The state’s insurance exchange, called MNsure, has managed to make health insurance coverage more accessible to thousands of consumers throughout the state. The open enrollment period will run until the end of January, 2016, but consumers must have active insurance on January 1 or they will face fines from the federal government. Consumers can enroll for coverage…

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Health insurance rates on the rise in Minnesota

Minnesota Health Insurance Trump Administration Lawsuit

Minnesota consumers to see major increases in their insurance premiums Some consumers in Minnesota may see their health insurance premiums skyrocket next year. The state’s Commerce Department has announced that regulators have approved rate increases coming from some of the state’s largest insurance providers. According to the agency, rates for health coverage will rise by an average of 49% throughout Minnesota. The largest rate hikes will be coming from Blue Cross and Blue Shield of Minnesota. Blue Cross Blue Shield intends to raise rates by an average of 49% According…

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Health insurance premiums continue to grow in the US

Health Insurance premiums rise

Insurers are looking to raise rates on coverage being offered in 2016 Many of the country’s largest health insurance companies are looking to raise rates for the coverage they will provide in 2016. These insurers are seeking rate increases on policies provided through health insurance exchanges, and in some cases rates could go up by more than 40%. Blue Cross and Blue Shield is one of the insurers looking to raise premiums. For those living in Minnesota, coverage provided by the insurer could become significantly more expensive. Blue Cross and…

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300,000 Minnesotans affected by data breach targeted health insurance provider

Minnesota Health Insurance

Vital information has been stolen from Anthem, which could affect consumers in a major way Approximately 300,000 residents of Minnesota have been affected by a massive data breach that struck major health insurance company Anthem, according to the state’s Commerce Department. Anthem has reported that the Social Security numbers of more than 200,000 consumers have been compromised, which could lead to identity theft and other issues. The health insurance company reported the data breach earlier this year, which compromised the information of many of its clients. The insurer has been…

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Minnesota set to fight insurance fraud

Auto Insurance Fraud

Lawmakers are taking steps to fight fraud in the insurance sector Lawmakers in Minnesota are beginning to focus on ways to cut down on insurance fraud. According to state officials, many people come to the state in order to exploit loopholes that exist in current laws, hoping for financial gain on fake medical claims and targeting other insurance sectors. Lawmakers are now drafting legislation that would provide the state’s Commerce Department with an anti-fraud unit, which would work to combat insurance fraud in Minnesota. New anti-fraud unit will help combat…

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