Wisconsin and New Jersey are Among the States Looking To Copy Minnesota Model Of Using Federal Funds To Lower Insurance Premiums

Minnesota capitol

by Evie Fordham   Several states including Wisconsin and New Jersey are seeking to copy Minnesota’s model of federal reinsurance program funding that contributed to a 13-percent drop in premium rates in the state from 2017 to 2018. The Minnesota legislature adopted the program, which uses mostly federal funds to…

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HHS: Obamacare ‘Benchmark’ Rates Up 37 Percent, Choices Dwindle

Premiums for Obamacare’s “benchmark” plans will rise by 37 percent and choices will dwindle in 2018, with eight full states having just one insurer to choose from, the Trump administration said Monday in a report detailing the federal marketplace known as HealthCare.gov. However, the average tax credit that many consumers…

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