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.
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