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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Minnesota Commerce Department releases information on health insurance exchange
Agency releases information about policies that will be sold through the state’s insurance exchange The Minnesota Commerce Department has released early information concerning health insurance premiums for policies sold through the state’s exchange, called MNsure. Several insurers have submitted rate filings for policies they will be selling through the exchange, and the Commerce Department intends to provide consumers with information concerning these policies so people can make plans about purchasing coverage in the near future. The state’s insurance exchange will begin a new open enrollment period on November 15. Individual…
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