One health insurer in Minnesota, once the top seller on the state’ s Obamacare-mandated exchange, is expected to raise its premiums between 40 and 60 percent. Small-business health insurance rates are also expected to go up in Minnesota. KSTP-TV reports the story:
PreferredOne, the Minneapolis Star-Tribune explains, was a small player in the individual health insurance market before the introduction of Obamacare and MNSure, the state exchange. Last year, PreferredOne became the top seller of insurance policies for 2014. The company will not sell 2015 policies on the exchange.
