Minnesota House legislators passed a $300 million health insurance premium relief bill for residents who purchased individual health plans through the state's MNsure marketplace but are ineligible for government subsidies to offset premium hikes, KDUZ reports.
Roughly 123,000 Minnesota residents who purchase ACA health plans without subsidy eligibility face premium increases of 50 percent or higher this year. The legislation calls for a 25 percent premium reduction for individuals earning between $35,640 and $95,040 annually and families of four earning between $72,900 and $194,400 annually, according to the report.
The measure passed with a 73-54 vote in the Republican-led House. The state Senate also passed the bill last week.
Conference committees will meet next week to draft a final plan to send to Gov. Mark Dayton (DFL), which state legislators hope will be ready by next Thursday.