Minnesota health insurance exchange Minnesota has several commercial health insurance companies that offer individual health insurance and 17 small group health insurance plans as well as state-sponsored Minnesota Comprehensive Health Association (MCHA) high risk health plan for residents that have been declined commercial coverage due to a pre-existing condition. These standard health insurance plans may not be affordable to all residents.
Since the passage of federal health insurance reform law, individuals and small businesses (with less than 50 employees) in Minnesota can now purchase health insurance through the federal heath insurance exchange for Minnesota the website is at MNsure.com or through a number of privately operated insurance exchanges. The state government is likely to expand its own insurance exchange system in cooperation with either the federal or private systems within the next few years. Non-insurance options, like Health Savings Accounts (HSA), Health Reimbursement Arrangements (HRA) and Flexible Spending Accounts (FSA) can be added as effective cost-control tools; ask your adviser for more information.