MTPR

Montana Health Co-Op

Montana's Health Co-op Remains Standing As Others Falter

Aug 14, 2017

HELENA, Mont. (AP) — Montana's health care co-op, one of America's few remaining alternatives to traditional health insurance, will resume accepting new enrollees Sunday after it voluntarily pulled itself from the state's insurance marketplace in December.

The insurer took the nine-month hiatus from enrolling new members in the exchange created by President Barack Obama's Affordable Care Act to boost its financial reserves and keep it from the same fate that has befallen failed co-ops across the country.

The three biggest health insurance companies in Montana met with state insurance commissioner Matt Rosendale Wednesday to explain their price increases for 2018.

Montana Commissioner of Securities and Insurance Matthew Rosendale.
Montana Legislature

Later today in Billings State Auditor Matt Rosendale is holding the first of two meetings to get public input on proposed health insurance prices for 2018.

The state has some regulatory authority over health plans sold to individuals and small groups, that’s about 114,000 people in Montana. That authority allows the state auditor to review, but not reject proposed prices by insurance companies.

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Montana’s health insurance companies are asking for rate increases for 2018 ranging from 2 percent to 23 percent. Those numbers released today are much lower than the rate increases for last year, some of which topped 50 percent.

The proposed increases are only for the individual and small group markets. Most Montanans get their health coverage elsewhere, either through their jobs or government programs like Medicaid, Medicare and the Veterans Administration.

The public may get a look at a draft of the Senate healthcare bill for the first time this week. What’s it mean for Montana? Here's what the CEO of one health insurance company based in Helena says about it:

"I don't think that their plan is going to improve health care in the state of Montana. I think just the opposite is going to happen. And I think, I really do think a lot of people are going to get hurt."

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