Insurers refund $73M to MN
Star Tribune, April 4, 2012
Gov. Mark Dayton claimed a victory for taxpayers on Tuesday, saying efforts to curb the state's health spending have delivered an estimated $73 million bonus from four health insurance plans. Last year, in the face of rising health care costs and a state budget shortfall, Minnesota's four largest nonprofit insurers agreed to a one-time limit on profits from insurance coverage to low-income Minnesotans. Blue Cross and Blue Shield of Minnesota, HealthPartners, Medica and UCare capped their operating margin at 1 percent and agreed to return the rest to taxpayers.
Most Viewed
Most Emailed
- CMS Seeks to 'Rapidly Reduce' Medicare Spending with $1B in Grants
- Patient Harm Data to Remain on Medicare's Hospital Compare Site
- Building a Better Healthcare Board
- Hard-Nosed About Physician Teamwork
- Quiet ORs Better for Patient Safety
- Case Study: Advance Care Conversations
- Tavenner Confirmed as CMS Administrator
- CMS Releases Hospital Pricing Data
- Hospital Pricing Data Dump Won't Hurt You, Yet
- Access to EHR Notes Lauded by Patients, Providers
