Dayton Says Reinsurance Program Has Federal Approval

Sat, 09/23/2017 - 12:36
by CBS Minnesota

ST. PAUL, Minn. (AP) — Gov. Mark Dayton says the nation’s top federal health care official has signed off on Minnesota’s new program to help lower insurance rates.

State lawmakers created a $542 million reinsurance program this year that’s expected to lower premiums in 2018 by as much as 20 percent. But it needs federal approval, and a long wait has caused heartburn in Dayton’s administration.

Dayton told reporters Friday that Health and Human Services Secretary Tom Price had assured him the waiver would be approved.

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