Datapoint: Minnesota to Adopt Public Option Insurance
Minnesota’s state legislature last week passed legislation that will establish public option health insurance in the state by 2027, joining Colorado, Washington and Nevada in similar efforts. Next year, the state will conduct an actuarial analysis on the initiative, which would serve as an expansion of MinnesotaCare, a state health plan for people living below 200% of the federal poverty line. Payer groups such as AHIP and Minnesota-based health systems have rallied against the proposal. The three largest payers in Minnesota are Blue Cross and Blue Shield of Minnesota (2,166,301 members), the provider-sponsored insurer HealthPartners (903,759 members) and nonprofit insurer Medica (663,434 members).
Source: AIS’s Directory of Health Plans