Health insurers seek premium increases up to 6% in Minnesota's individual market
June 22, 2022
Three of Minnesota's biggest health plans in the market where individuals buy coverage are seeking premium increases for next year - though less than what they sought for 2022.
The Minnesota Department of Commerce on Friday released the rate proposals for the state's individual market, where about 160,000 people buy coverage.
For 2023, three large carriers in the market are seeking average increases of between 2 and 6%. A fourth large insurer has proposed lowering premiums by an average of 2%.