DFL Leader Susan Kent responds to reinsurance extension
Today, the Senate passed Senate File 694, a bill that would extend the reinsurance program in Minnesota through 2022. Minnesota’s reinsurance plan was originally passed in 2017 when the individual marketplace was much more unstable. It provided state money to encourage – but not require – insurance companies to lower their advertised premiums. In response to this bill, Senate DFL Leader Susan Kent (DFL-Woodbury) released the following statement: