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Minnesota Health Insurance Exchange

Minnesota Health Insurance Exchange

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Minnesota Health Insurance Exchange

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  1. Minnesota Health Insurance Exchange February 21, 2013 Katie Burns • Plan Management and Quality Director • Minnesota Health Insurance Exchange

  2. Overview

  3. An online marketplace where Minnesotans can find, compare, choose, and get quality health care coverage that best fits your needs and your budget. What is an Exchange?

  4. Consumer has many plans to pick from and can pick the one that best fits their needs More Choice Lower Costs for Consumer Multiple plans in one place means greater market incentives for competition on quality & cost Simple One-Stop Shop Makes it easier to search, select and enroll, plus greater mobility and portability Quality Ratings Consumer can find transparent comparison information on the plans and health providers Why an Exchange?

  5. Projected Audience – Over 1 million Minnesotans Individual Consumers – 350,000 Small Businesses and Employees – 200,000 Medical Assistance Enrollees – 700,000

  6. Option 1: State Based Exchange Option 2: State Partnership Exchange Option 3: Federally-facilitated Exchange without Partnership Minnesota’s Choice

  7. Grant Funding

  8. Advisory Task Force Task Advises the Agency Partner Commissioners on the design and development of a Minnesota Health Insurance Exchange Composition 15 members represent a balance of interests, including consumers, employers, labor, health care providers, health insurers, Medicaid, agents and those with experience navigating health plan enrollment, and experts in public and private health care markets and public health improvement Stakeholder Engagement

  9. Reform inside and outside the Exchange in individual and small group markets • Small employer tax credits • Coverage requirements and employees • Potential for Exchange to serve larger employers in the future Employers and the Exchange

  10. Next Steps

  11. mn.gov/HealthInsuranceExchange healthreform.mn.gov healthcare.gov Katie Burns Plan Management and Quality Director Minnesota Health Insurance Exchange Katie.burns@state.mn.us Questions?