ST. PAUL, Minn. (AP) — The Minnesota House passed a bill Monday establishing the state's health insurance exchange, the first step toward enactment of an online marketplace that aims to give more than a million Minnesotans a new place to purchase affordable health insurance.

Rep. Joe Atkins, the chief House sponsor, called the bill creating a health insurance exchange "the most significant health reform in 50 years" — since Medicare and Medicaid were created in 1965. The exchanges are a centerpiece of the federal health care overhaul.

Preliminary estimates are for the Minnesota-run exchange to offer coverage to 1.3 million people. Of those, about 300,000 currently lack health insurance.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.