Why PreferredOne pulled out of MNsure

MNSure ad campaign featuring Paul Bunyan
A MNSure ad campaign featuring Paul Bunyan and Babe the Blue Ox
Courtesy MNSure

Early next month, the state Commerce Department will reveal next year's premium rates for plans to be sold on MNsure, Minnesota's health insurance exchange. But the insurer with the lowest prices and most customers on MNsure won't be on the list next time around.

PreferredOne announced last week that it's dropping out of the insurance exchange. It said selling insurance through MNsure was not sustainable.

The company's departure from MNsure has quickly become an issue in this year's political races -- and raised questions about the future of the exchanges.

On The Daily Circuit, we discuss PreferredOne's decision. We untangle both what this says about the online insurance exchanges - and what it means for consumers.

Visit the MNsure site for specific details about your coverage.

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