Insurance relief

Some months ago, I pointed out that Senator Rubio put a nail in the coffin of Obamacare when he slipped a clause into a large bill which took away the part saying that the government would reimburse insurance companies that lost money on Obamacare. This week Governor Dayton proposed that the state spend 540 million over the next two years to cover insurance company losses due to Obamacare. This is for the 4% of Minnesotans who do not have company insurance or government insurance. The measure, called “reinsurance,” would spend $542 million in state money over two years to try to lower premiums in the individual market. That covers roughly 4 percent of Minnesotans who have neither employer-sponsored insurance nor a government health plan such as Medicare or Medical Assistance.