Minnesota will let the health insurers in its Obamacare market raise rates by at least 50 percent next
year, after the individual market there came to the brink of collapse, the
states commerce commissioner said Friday.
The increases range from 50 percent to 67 percent,
Commissioner Mike Rothmans office said in a
statement. Rothman, who regulates the states insurers, is an
appointee under Governor Mark Dayton, a Democrat. The rate hike follows
increases for this year of 14 percent to 49 percent.
Continue reading at http://www.bloomberg.com/news/articles/2016-09-30/near-collapse-minnesota-insurers-up-obamacare-rates-by-half