Updated:
Original:

Minn. health insurers issue nearly $9M in rebates

Nationwide, insurance companies are paying out $1 billion to consumers this month, including $8.9 million from five Minnesota insurance companies. Bloomington-based HealthPartners will provide the most at $6.8 million. The rebates are required by the federal Affordable Care Act, which set a limit on the share of premium revenue that health insurers could dedicate to administration, marketing and profit.
Author:

Nationwide, insurance companies are paying out $1 billion to consumers this month, including $8.9 million from five Minnesota insurance companies, according the Pioneer Press. Bloomington-based HealthPartners will provide the most at $6.8 million. The rebates are required by the federal Affordable Care Act, which set a limit on the share of premium revenue that health insurers could dedicate to administration, marketing and profit.

Sen. Al Franken says more than 123,000 Minnesotans are benefiting from the provision, even though some won’t get checks in the mail. WCCO reports many of the rebates went to employers that purchase health insurance for employees.

Watch Fox 9's story below:
[preserve]
Minneapolis News and Weather KMSP FOX 9[/preserve]

Next Up

first snow

Any sign of snow in the forecast for Minnesota?

The stars could align for some flurries in northern Minnesota this week, but that's about it.

Flickr - 14 year old vaccine shot - Navy Medicine

Walz announces $200 reward for kids 12-17 who get COVID shots

Those ages have the lowest vaccination rates among all eligible age groups.

Screen Shot 2021-10-15 at 10.01.55 PM

Police still searching for suspect who opened fire at Plymouth movie theater

It sparked a partial evacuation of the Emagine Willow Creek theater.

covid, vaccine

Minnesota's COVID-19 update for Monday, October 18

Hospitalizations have surpassed 1,000 in the latest update.

Gully Boys van stolen Twitter pic 1

Mpls. band Gully Boys' van stolen, with all their gear inside

They're asking Twin Cities residents to be on the lookout for the silver van.

ATV, all-terrain vehicle

2 girls from St. Cloud injured in ATV crash

Neither girl was wearing a helmet, the sheriff's office said.

Kirk Cousins

Kirk Cousins has turned into a late-game killer for the Vikings

Cousins has given the Vikings a chance to tie or win the game 7 times in 6 games.

john oliver

Watch: The absurd ad 'Last Week Tonight' wrote for a MN car dealership

Host John Oliver described the commercial as a "tense domestic psychodrama."

Car driving

Minnesota is on track for the most road deaths since 2007

Minnesota has recorded 384 traffic deaths as of Oct. 14.

helicopter-186718_1280

1 dead, 1 airlifted following Goodhue County crash

The crash happened around 6:15 a.m. Sunday.

Related

Minnesota gets $26 million federal grant for health insurance exchange

The state on Wednesday announced it's receiving more money to continue work on a health insurance exchange, which is meant to help consumers compare and buy health insurance plans.

Public can test drive health insurance marketplace Monday

Several companies have put their prototypes online for the public to test. The health insurance exchange is a cornerstone of the federal health reform law and is meant to give people looking to enroll an easy way to compare and purchase plans.

IBM among vendors to help design Minnesota's health insurance exchange

IBM software will be used to determine Minnesotan's eligibility for the various programs to be offered through the online insurance platform, the Star Tribune reports. Virginia-based government services firm Maximus was awarded a $41 million contract last week to take the lead on building the new marketplace -- a component of the federal health care law.

Health insurers launch 'pop-up' stores at Twin Cities shopping centers

Health insurance companies in Minnesota are going after retail shoppers by setting up temporary "pop-up" stores and kiosks. The Pioneer Press reports HealthPartners, based in Bloomington, is opening a makeshift store at Ridgedale Center in Minnetonka on Thursday. The newspaper notes Eagan-based Blue Cross and Blue Shield of Minnesota is also testing the rise of consumerism in health care by teaming up with Walgreens stores around the state. Earlier this month, Minnetonka-based UnitedHealth Group opened 30 pop-up stores and more than 1,400 kiosks in shopping malls across the country.

Low-income group falls into health care 'no-man's land'

The federal health care overhaul was aimed at providing affordable health insurance to millions of Americans who lack it. But a low-income group falls into a kind of no-man's land for affordable coverage, and Minnesota officials are considering an optional program to help fill this gap. But there is a huge unknown: cost.