Sticker shock for MNsure health insurance

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MINNEAPOLIS (AP) - Minnesotans who bought policies on the state's health insurance exchange are starting to get their first renewal notices, and many could be in for a nasty jolt.

Premiums for most of the more than 55,000 individuals signed up for private insurance plans via MNsure are going up.

For the nearly 33,000 who have coverage from PreferredOne, most who want to keep those policies will have to pay over 60% more now that the company is pulling out of MNsure.

Premiums for three of the four carriers sticking with MNsure will also rise: 17.2% for Blue Cross and Blue Shield of Minnesota, 8.1 percent for HealthPartners and 1.8 percent for Medica.

State officials say MNsure will still offer some of the lowest premiums in the country despite the increases.