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An Obamacare Insurer Finds Failure in Low Premiums

January 9, 2015 

A year ago, PreferredOne looked like an Obamacare success story: The Minnesota health plan offered some of the lowest premiums in the country and captured 60 percent of the state’s roughly 55,000 new Obamacare enrollees. But those premiums were too low and in the fall, PreferredOne steeply hiked rates for 2015 and dropped out of Minnesota’s Affordable Care Act marketplace entirely, saying it was “not sustainable” to continue. 

http://www.businessweek.com/articles/2015-01-06/obamacare-insurer-preferredone-exits-minnesota-marketplace

 

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