Roughly 123,000 Minnesota residents who purchase ACA health plans without subsidy eligibility face premium increases of 50 percent or higher this year, according to the report.
The measure passed with a vote of 35 to 31, with Republican lawmakers leading support. House legislators are anticipated to vote on the bill in coming days, and a final plan will then be sent to Gov. Mark Dayton (DFL). However, Gov. Dayton opposes a late addition to the bill calling for the state to establish a reinsurance program to help cover payers’ expenses for covering high-cost customers, according to the report.
More articles on payer issues:
4 most-read payer issues stories this week
BCBS of Louisiana CEO says quick ACA repeal will create unsustainable market
Cigna CEO: ACA health plans perform best under ACO model
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
