The Minnesota Department of Commerce today announced new rates that insurance companies will charge in 2019 for products purchased by individuals and small groups. In response, Senator Tony Lourey (DFL-Kerrick) – the Ranking Member of the Health and Human Services Committee – issued the following statement.
“I’m glad that 155,000 of our fellow Minnesotans will have lower insurance rates next year. At the same time, I question whether using $271 million in one-time taxpayer money to subsidize insurance companies next year is a sustainable long-term plan for our shared goal of providing affordable, quality care for all Minnesotans. It is my hope that state lawmakers on both sides of the aisle will engage in meaningful, fact-based conversations about how to best use scarce public dollars to address rising health care costs next year. Make no mistake – too many people are still priced out of the market, nothing has been “fixed,” and there are tough decisions ahead. Giving everyone the opportunity to “buy in” to MinnesotaCare and creating new, more targeted state tax credits to help people rather than insurance companies are some of the options I will bring to the table during next year’s legislative session.”