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New task force for MN health insurance

Minnesota Department of Commerce Commisioner Mike Rothman announced he will assemble a task force to advise on the design and development of a Minnesota-made health insurance exchange.

The health insurance exchange will be a new marketplace for individuals and businesses to buy affordable health insurance for high quality care.   An exchange will make health care easier to navigate for consumers and small businesses and allow Minnesotans to easily compare health insurance options based on cost, quality, and consumer satisfaction.

It will also foster fair and equitable competition to encourage insurers and health care providers to place a greater focus on value and affordability.

"Minnesota has a long tradition of leading the nation in health care.

 This task force will continue that tradition by collaborating with a diverse group of people to craft an efficient, consumer-friendly exchange built by Minnesotans, for Minnesotans," Commissioner Rothman said.

States have until January 1, 2013 to create their own health insurance exchange to be available to consumers beginning in 2014.