Skip to main content

Insurers refund $73M to MN

By Star Tribune  
   April 04, 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.

Full story

Tagged Under:


Get the latest on healthcare leadership in your inbox.