On Tuesday, the Minnesota Department of Commerce released final rates for the 2019 individual insurance market. For the second consecutive year, Republican-led reforms have proven to help reduce or hold flat individual market health insurance rates after years of double-digit increases following the implementation of Obamacare in Minnesota.
All five of the carriers on the individual market are lowering premiums for 2019, with average rates dropping between 7.4 percent and 27.7 percent.
Senator Jerry Relph (R-St. Cloud) released the following statement:
“After two years, the results are indisputable: Republican efforts to make health insurance more affordable have been an incredible success. The days of staggering premium increases are behind us, and families throughout Minnesota will be paying less for their coverage. This is only the beginning – health insurance is still far too expensive, but I pledge to continue working to make our world class health care affordable for all Minnesotans.”