Amid Health Insurance Woes, Task Force Studies Options
ST. PAUL, Minn. (AP) - A group of lawmakers, state officials and industry experts are studying how to fix Minnesota's individual health insurance market.
Top regulators have said the market is in a crisis amid massive premium increases and questions of access. Rates are set to rise by as much as 67 percent for 2017.
A task force convened by Gov. Mark Dayton met Monday to discuss possible solutions to make the market more stable. Among the many options on the table are helping insurance companies cover losses, allowing residents to get on public programs and more.
Dayton and top lawmakers are still discussing a potential special session to offset the premium hikes for next year.
Just 5 percent of Minnesota residents buy insurance individually. Most are covered through employers or public programs.