About My Health Careers Internship MedBlogs Contact us

Minnesota Finalizes Health Insurance Reforms

by Vanessa Jones on March 18, 2013 at 1:58 PM
Font : A-A+

 Minnesota Finalizes Health Insurance Reforms

Minnesota has almost completed the process of health insurance reforms.

"This is the most significant, positive health care reform in Minnesota in the last 50 years," said bill author Rep. Joe Atkins, DFL-Inver Grove Heights. "This is a clear compromise between the House and Senate positions on the exchange."


Representatives approved the bill and expected the Governor Mark Dayton to sign the proposal. Minnesotans could use the online exchange to buy health insurance.

"Until I see the governor's pen flying across the page, I'm not done," said Senate author Tony Lourey, DFL-Kerrick. Lawmakers were to meet a March 22nd deadline otherwise the Federal government would set up the exchange.

"We've got a lot of unique tools in Minnesota, and a federal one-size-fits-all exchange would not be able to leverage all of those assets we've worked so hard collectively to build together," Lourey said of the push to set up a state exchange.

The board would set the rules which the insurance companies would need to implement.

"While it will take a year to implement, the state will eventually be able to negotiate with insurers for the best plans, those that are higher quality and more affordable," said Jamie Gulley, president of SEIU Healthcare Minnesota.

The state will fund the program, expected to cost roughly $60 million per year, by withholding 1.5 percent of insurance premiums in the first year and 3.5 percent after that. Loans could be taken from the state.

The marketplace funding would take place from the tobacco tax in Minnesota according to the Senate's original proposal.

The Senate's original proposal would have funded the marketplace with money from the tobacco tax in Minnesota.

Financing was a major piece of discussion, Lourey said, but in the end he believes the system is fair. "I think we have a bill that can work for industry and for people," he said.

Millions of Minnesotans will buy health insurance, plus thousands who are not insured. For those with no internet access people could visit in-person sites to buy health cover.

"It increases the size, the scope and the power of government," said Rep. Mary Franson, R-Alexandria. "This is going to decimate the health care that we know and love in this great state."

The bill started with more bipartisan support but now mainly is backed by Democrats. Senate Minority Leader David Hann, R-Eden Prairie, called the exchange "extreme."

"It's not going to get any support outside the DFL caucus," he said.

Lourey understood why Republicans might not want to back the bill; he felt there was enough room for bipartisan work with regard to health care reforms to continue. "At the end of the day it's pretty hard (for them) to embrace the cornerstone of the Affordable Care Act," he said.

References :

Danielle Killey, Forum News Service, March 2013

Hannah Punitha (IRDA Licence Number: 2710062)

Source: Medindia

News A-Z
News Category
What's New on Medindia
International Day of Persons with Disabilities 2021 - Fighting for Rights in the Post-COVID Era
Effect of Blood Group Type on COVID-19 Risk and Severity
Woman with Rare Spinal Cord Defect from Birth Sues Doctor
View all

Medindia Newsletters Subscribe to our Free Newsletters!
Terms & Conditions and Privacy Policy.

More News on:
Health Insurance Plan Third Party Administrators for Health Insurance Star Health and Allied Insurance Health Insurance Policies offered by Bajaj Allianz Insurance ICICI Lombard General Insurance Company Limited Health Insurance Health Insurance - Ombudsman Health Insurance - Basics New India Assurance Policies Cholamandalam Health Insurance Policies 

Recommended Reading
Customer Care in Health Insurance Industry
Health Insurance Industry is a service-oriented industry with customer satisfaction and customer ......
Fraudulent Health Insurance Claims
To educate the public regarding hazards of committing fraud in healthcare insurance claims and its ....
Health Insurance - Basics
Health insurance guarantees payments to a person in the event of sickness or injury.and works as .....
Health Insurance For Pre-Existing Conditions
Many people worry about getting health insurance plans for pre-existing conditions and they believe ...
Cholamandalam Health Insurance Policies
Cholamandalam MS General Insurance Company (Chola MS) a joint venture of Murugappa Group & Mitsui Su...
Health Insurance - Basics
Health insurance guarantees payments to a person in the event of sickness or injury.and works as pr...
Health Insurance - Ombudsman
Insurance Ombudsman institutions work for the purpose of quick disposal of the grievances of the ins...
Health Insurance Plan
With a health insurance policy you and your family can rest assured!...
Health Insurance Policies offered by Bajaj Allianz Insurance
Bajaj allianz health insurance policies protect you and your family in case you need expensive medic...
ICICI Lombard General Insurance Company Limited
Major health care plans from the ICICI Lombard include complete health insurance ihealth plan, perso...
New India Assurance Policies
The existing Mediclaim and Health Plus Medical expenses policies have been discontinued and Mediclai...
Star Health and Allied Insurance
Star Health & Allied Insurance offers a convenient insurance for the corporate people when they tra...
Third Party Administrators for Health Insurance
TPA is an IRDA approved healthcare service provider. TPA processes claims for policy holders on beha...

Disclaimer - All information and content on this site are for information and educational purposes only. The information should not be used for either diagnosis or treatment or both for any health related problem or disease. Always seek the advice of a qualified physician for medical diagnosis and treatment. Full Disclaimer

© All Rights Reserved 1997 - 2021

This site uses cookies to deliver our services. By using our site, you acknowledge that you have read and understand our Cookie Policy, Privacy Policy, and our Terms of Use