No new health care mandates: The Chamber successfully defended against a host of new health care mandates on the fully insured commercial market. While often well-intended, added mandates lead to increased cost of health insurance coverage for businesses and employees.
CONTINUED CHALLENGES
There was no extension of the successful reinsurance program, which helps reduce the cost of premiums in the individual market. The program remains funded through 2027, when the Chamber will once again advocate the need for this program to legislators.
Legislators continue to pursue costly health care mandates which increase the cost of coverage, thereby reducing affordability for businesses and employees. The Chamber will continue to support state defrayal requirements for new mandates.
The Chamber remains concerned about the increasingly adversarial rhetoric directed at Minnesota’s private insurance market. Health care affordability challenges are real, but this rhetoric will push policy conversations towards a government-run public option that could disrupt employer-sponsored coverage, reduce competition and increase costs for Minnesota employers and employees.
Legislators are increasingly interested in regulating artificial intelligence across all industries, including health care. We are concerned that AI regulation could stifle health care innovation.
