MTPR

John Doran

(PD)

Governor Steve Bullock is creating a bipartisan working-group to develop a plan to reduce premiums for people who buy health insurance on the federal marketplace.

A Montana Healthcare Foundation study found that reinsurance programs insulate insurers from very high claims and save consumers money.

Ongoing budget cuts mean the State of Montana has ended a contract that paid a big health insurance company $6 million a year to manage Medicaid recipients. That’s more than twice as much as it allocates to the state health department for similar work.

It's about one month until open enrollment starts for health insurance plans sold on Healthcare.gov. Yesterday Montana's biggest health insurance company said it won't attempt to adjust its premiums downward for next year.

The three biggest health insurance companies in Montana met with state insurance commissioner Matt Rosendale Wednesday to explain their price increases for 2018.

(PD)

Montana’s health insurance companies are asking for rate increases for 2018 ranging from 2 percent to 23 percent. Those numbers released today are much lower than the rate increases for last year, some of which topped 50 percent.

The proposed increases are only for the individual and small group markets. Most Montanans get their health coverage elsewhere, either through their jobs or government programs like Medicaid, Medicare and the Veterans Administration.

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