The start of October came with some great news for Minnesotans who purchase their own health insurance. The Minnesota Department of Commerce released final rates for the 2018 individual insurance market, confirming that a number of Republican-led reforms are working. This means that not only have we ended the four-year trend of double-digit premium increases, but we have also brought much-needed stability to the market. Without these reforms, it's estimated that rates would have gone up by 20 percent or more for 2018.
The Legislature completed its work, sending a bipartisan budget to Gov. Mark Dayton who signed the bills into law late last month. In all, this was a productive and bipartisan session that produced a number of wins for Minnesotans including significant tax relief, a comprehensive transportation package focused on roads and bridges and an education bill that funds our schools and makes a number of meaningful reforms.