Minnesota no longer has the lowest rates in the country.

Whichever way you spin it, Minnesota no longer has the lowest health insurance premiums in the nation, contrary to numerous preliminary claims made by Governor Dayton and his administration. According to an updated report from the often-cited Kaiser Family Foundation, Minnesota’s premiums fell to 3rd lowest for unsubsidized plans, 4th lowest for subsidized silver plans, and 16th lowest for subsidized bronze plans in 2015. The Dayton administration used Kaiser’s preliminary report to make their lowest-in-the-nation claims.

Additionally, Minnesota’s health insurance premiums have risen faster than almost every other state in the nation. According to Kaiser, low-cost silver plans went up 18.5% and low-cost bronze plans went up 21.4%. Minnesotans will see the 2nd highest rate increase for unsubsidized plans, 4th highest rate increase for bronze subsidized plans, and the highest rate increase in the nation for silver subsidized plans.

“This is irrefutable evidence from Governor Dayton’s own source that Minnesota no longer has the lowest health insurance premiums in the country. Minnesotans will see a double-digit increase in premiums, the second highest increase in the nation,” said Senator Michelle Benson (R-Ham Lake). “Healthcare in this state is headed in the wrong direction. MNsure reform has to be one of the top priorities of the 2015 legislature.”

 

Updated Analysis of 2015 Premium Changes in ACA Marketplaces

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