Park City, Utah (PRWEB) September 18, 2013
Today, Zane Benefits, the number one online small business health benefits solution, published new information on Minnesota health insurance exchange rates.
According to Zane Benefits’ website, the Minnesota Health Insurance Exchange, also known as MNsure, recently completed its rate reviewing process.
In total, 141 plans were approved: 78 individual plans and 63 small group plans, and every plan saw a reduction in rates varying from 4% to 37% lower than the original filings.
A total of 5 insurance companies will be offering health individual insurance plans through MNsure:
Blue Cross and Blue Shield of Minnesota
Group Health, Inc.
Medica Health Pan of Wisconsin
PreferredOne Ins. Co.
Of these five insurers, the three that will be offering plans through the small group market are Blue Cross and Blue Shield of Minnesota, Medica Health Plan of Wisconsin, and PreferredOne.
Some residents will be able to buy health insurance for as low as $91 a month. The table below shows the lowest monthly rates for certain ages in the Saint Paul/Minneapolis Metro Area.
Rates will vary by region, age, and tobacco use. For health insurance plan purposes, Minnesota is divided into 9 different regions, as described in the map below. And the table underneath shows the average individual market premium rates by area, age, and policy.
About Zane Benefits
Zane Benefits was founded in 2006 to provide a revolutionized SaaS (Software-as-a-Service) administration platform ("ZaneHRA") for defined contribution health care. The flagship software provides a 100% paperless administration experience to small businesses and insurance professionals that want to offer better health benefits without a traditional group health insurance plan at lower costs. For more information about Zane Benefits, visit http://www.zanebenefits.com.