Dayton Says He Won't Block Reinsurance Bill

Mon, 04/03/2017 - 16:09
by Brian Edwards Associated Press

ST. PAUL, Minn. (AP) — Democratic Gov. Mark Dayton said Monday he wouldn't veto a $542 million Republican plan intended to lower health insurance costs for Minnesota residents.

The bill will create a reinsurance program to help insurance companies cover expensive medical claims. Under the plan, companies will have half of individuals' claims that cost between $50,000 and $250,000 subsidized.

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