Press Release: Minnesotans Still Not Getting Relief from Rising Insurance Rates
$900 million given to insurance companies gone
For Immediate Release
Contact: Rick Fuentes
(o) 651-414-2863
(c) 612-741-0662
rick.fuentes@mnnurses.org
Barbara Brady
(o) 651-414-2849
(c) 651-202-0845
barbara.brady@mnnurses.org
(St. Paul) – July 31, 2017 – The newly announced insurance rates for the 2018 individual market show that the current healthcare system continues to be volatile and can only be temporarily stabilized with an infusion of taxpayer dollars. As a result, Minnesotans are still wondering whether they will pay more or less in 2018 versus 2017, even though the Minnesota Legislature and Governor Dayton pushed through a 25 percent discount in 2017 and propped up insurance companies with a new program, called “reinsurance.”
“Reinsurance appears to be a tourniquet for the individual market.
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