Regulators ask health insurers to make premium rates public before Oct. 1

  • Article by: Jackie Crosby , Star Tribune
  • Updated: July 26, 2013 - 11:30 PM

State regulators say early access to premium rate information will help consumers make decisions about enrolling in MNsure.

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sharklasersJul. 26, 13 4:26 PM

Get ready for a third world experience...

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jbpaperJul. 26, 13 4:35 PM

They want the insurance companies to reveal information while at the same time are seeking to keep their own info private. Nice.

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theagonybhoJul. 26, 13 4:46 PM

Ala carte insurance DMV style.

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kilofoxJul. 26, 13 5:15 PM

And so it begins.....Good luck Minnesota.

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jimjimjimjimJul. 26, 13 5:37 PM

In can't wait to see how this fiasco plays out. Higher rates for those of us who were happy with our insurance so we can pay for those who say they can't afford it.

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theruntJul. 26, 13 6:24 PM

Smart insurers will get their product out there first.

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theplowJul. 26, 1310:29 PM

Why does it matter that rates are available on September 6 instead of October 1? Effective date of coverage is January 1 - do the extra 24 days really change anything, or it just another way for state regulator to beat on insurance companies for political show?

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texas_technomanJul. 27, 13 3:27 AM

Insurance companies are afraid someone else might offer lower rates? BooHoo. States with exchanges up and running are already seeing rates fall...I say bring it on.

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swmnguyJul. 27, 13 5:36 AM

In the political propaganda whirlwind, I'm very interested to see the rates the insurers propose. I know my family's $10,000 deductible Health Partners policy costs about $415 per month for myself and my 2 teens. My wife gets coverage from the Minneapolis Public Schools, but their family coverage option is significantly more expensive than what we're paying on the individual market. So much more that she wouldn't get a paycheck if she took the family coverage.

Minnesota already requires almost all of the features required by "Obamacare," so it's quite possible rates will actually go down as more healthy people enter the pool of insured. Let's see the rates, along with the coverages! The sooner the better.

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Area51Jul. 27, 13 9:52 AM

Read the article people: "State law dictates that rates be kept private until insurance products are sold on the market." Pretty clear that they insurance companies CANNOT release the rates until then. I realize there are many government officials who only follow the laws that they want and ignore others, but surely private companies are receiving counsel to not deliberately break the law.

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