5/14/2014 10:14:43 AM
FOR IMMEDIATE RELEASE
CONTACT: Jenni Bowring-McDonough
Media Relations Coordinator
ST. PAUL, Minn. - The MNsure Board of Directors today approved a 3.5% premium withhold on qualified health plans for the 2015 coverage year.
Pursuant to state law, the MNsure Board of Directors approves a portion of premiums for qualified health plans sold through MNsure that is retained to fund the operations of the organization. The 3.5% withhold was reflected in MNsure's 2015 preliminary budget, which is balanced and does not require additional state funding.
The MNsure Board of Directors also re-elected Brian Beutner as Chair, and Peter Benner as Vice-Chair. Both Beutner and Benner have served in these positions since May 17, 2013.
"The MNsure Board of Directors has been very active over the past twelve months," said Chairman Brian Beutner. "Building MNsure is a multi-year project requiring hard work on the part of staff and our many business partners, and I am pleased to be able to assist them in continuing MNsure's progress."
Chair of the MNsure Board of Directors provides leadership and direction including developing annual objectives, creating board committees and maintaining an effective board culture. Vice-Chair of the MNsure Board of Directors provides support and assistance to the Chair in governance matters and assists in other areas as requested.
"Consistent leadership is imperative as we work to steadily improve MNsure," said CEO Scott Leitz. "Both Brian and Peter have worked extensively on MNsure during this past year and I am grateful they will continue to provide strong leadership."
Beutner is an independent business advisor and represents small employers. His term on the board ends in 2015. Benner is an independent consultant who has demonstrated expertise in the areas of health administration, finance, purchasing and health care delivery systems. His term on the board ends in 2017.