A group of Minnesotans aged 55 and older feel the state's insurance exchange cheated them into turning over their assets, according to KSTP 5.
Here are four takeaways:
1. The Minnesotans claim they did not became aware they had to turn over their assets until they already signed up for healthcare coverage in Minnesota's insurance exchange.
2. MNSURE's application states, "If you're 55 and older, Minnesota must recover the healthcare costs paid for Medical Assistance members." This stipulation is printed on the application's last page.
3. In 2015, the Department of Human Services, which oversees the MNSURE program, recovered $34 million. HHS said the agency communicates the information in the application and the renewal process.
4. Minnesota Sen. Tony Lourey (DFL) is drafting a bill to introduce in the legislature that gets rid of the estate provision. He will introduce the bill this month.
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