Phillip Cryan

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Minnesota legislators work to finalize State health exchange — Democratic majority doesn’t make exchange a ‘slam dunk’

 

 

By Charles Hallman 

Staff Writer

 

The Affordable Care Act (ACA) mandates that beginning in 2014, each state either must have a health exchange available that allows qualified individuals to buy coverage, or join with other states to create regional exchanges. Or can let the federal government do it. It is intended not only to offer affordable health insurance to consumers, but also to increase competition among private insurers, giving their prospective consumers the ability to choose from at least four different levels of policies. Minnesota’s new health insurance exchange is now a couple of steps from becoming reality after the Minnesota House last week voted 72 to 58 on a health insurance exchange bill. Minnesota is among 17 states plus the District of Columbia that are setting state-based exchanges. Continue Reading →

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