Public Documents • Oct 2017 • Minnesota Engagement

MN Individual Insurance Market Becomes Gov't Program

MNSure, the Obamacare exchange website, has announced the stabilization of premium costs due to the new state reinsurance program. They note “costs are decreasing in most cases.” But the costs are not decreasing. They’re being paid for by taxpayers. As this letter shows federal taxes of more than $1 billion will be used to subsidize the entire MN individual market, which has been put into a new subsidized government program called the Minnesota Premium Security Plan.

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