New Data from Minnesota Health Exchange Means HealthCompare May Be a Lower Priced Alternative for Consumers

HealthCompare is a market where consumers shop for their most affordable and effective health insurance coverage as some states will have to pay higher fees and taxes for use.

  • Share on TwitterShare on FacebookShare on Google+Share on LinkedInEmail a friend

Health Insurance Price Increases Expected

Some ideas politicians are entertaining to have the exchange fund itself are: users “fees”, sin taxes, and selling ads.

Orange, California (PRWEB) December 10, 2012

HealthCompare, a nationally recognized health insurance comparison site, is an already-in-place market where consumers shop for their most affordable and effective health insurance coverage.

However, since the implementation of the Affordable Care Act, numbers are rolling in regarding how much some states will have to pay to maintain the federally mandated state health insurance exchanges.

Minnesota’s previously projected spending ranged from $30-40 million dollars. But now new data places the number projection higher. It has increased to $54 million in 2015. And expected to raise again by 2016 to $64 million, as reported by Pioneer Press.

Consumers and politicians alike are scrambling to find a better way to manage these numbers.

Some ideas politicians are entertaining to have the exchange fund itself are: users “fees,” sin taxes, and selling ads.

Those looking to use the state-established exchange may have to pay higher fees for using it and if they drink, smoke, or are over-weight. Consumers who want to save money may consider other health insurance sources, like HealthCompare, to find health insurance comparisons similar to what will be available at the state level in the marketplace.

About
About Health Compare: HealthCompare was launched in 2009 to work with brokers and carriers to help individuals and families easily research, compare, buy, and enroll in the right health insurance plan at the right price. Based in Orange, Calif., it delivers accurate, customized, health insurance quotes for the country's diverse population.

Through a unique partnership with its sister company, CONEXIS, HealthCompare has the ability to quickly reach thousands of COBRA-qualifying consumers and provide them with COBRA alternatives at the moment they become eligible for COBRA benefits. This provides these consumers with an opportunity to enroll in individual or family plans and potentially save hundreds to thousands of dollars on COBRA premiums and, at the same time, rewards referring brokers with referral fee income for the life of each policy.

For more information, visit http://healthcompare.com/ or call 888.748.5152.


Contact