MN Gov. Tim Walz expressed concern over ongoing threats to federal health care programs, particularly in light of recent actions in Washington. He emphasized the importance of maintaining access to affordable health care, especially for the state’s working-class families.
About 163,000 Minnesotans have purchased health insurance through the marketplace, most of which was sold through the MNsure exchange. Enhanced federal subsidies during the pandemic temporarily raised the income cap for qualifying for financial assistance through the Affordable Care Act, significantly lowering monthly premiums for private plans purchased on MNsure. If these subsidies are lifted, many Minnesotans, including farm families and younger retirees, could see their premiums increase beyond their means.
Stabilizing costs through reinsurance…