Health insurance exchange amendment causes controversy in Minnesota

Health Insurance

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…

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Health insurance brokers in Minnesota receive some good news

insurance articles

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…

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