Walz plan to keep health care costs lower shifts reinsurance to insurers – KSTP
Gov. Tim Waltz and Secretary of Commerce Grace Arnold spoke on Thursday afternoon about plans to keep individual plans more affordable and save taxpayers dollars. His proposal would shift some of the reinsurance, where the state is responsible for taxpayers to insurers. It applies to individual insurance markets for those who are not covered through […]
Capital One says ‘substantial progress’ has been made in addressing technical issue – KSTP
The company said a technical issue that prevented some Capital One users from depositing money into their accounts is evolving. A Capital One spokesperson contacted 5 EYEWITNESS NEWS on Saturday to give an update on ongoing technical issues with a third-party vendor. A spokesperson said Capital One had restored functionality to most users' accounts as […]
Change in Medicare prescription drug coverage will help millions – KSTP
Changes to Medicare prescription drug coverage will help millions There will be major changes to Medicare prescription drug coverage in 2025. This year, there is a new $2,000 cap on annual out-of-pocket costs for prescription drugs. For example, someone who has taken expensive cancer drugs may hit the $2,000 limit in the first month or […]
Community group tackles rising Ramsey County property taxes – KSTP
After a year of large property tax hikes, a group of former government leaders and business executives has formed an organization called In$ight to propose ideas and strategies to curb future property taxes. did. In$ight Co-Chairman Gary Todd told 5EYEWITNESS NEWS he decided to participate because it showed total property taxes would increase by 20% […]
3M to freeze pensions for non-union employees in 2028 – KSTP
Minnesota-based company 3M announced updates to its U.S. non-union pension plan starting in 2028. according to statement issued by the companyPension-eligible employees will continue to receive benefits under the pension plan until the freeze date of December 31, 2028. This decision applies to both 3M and future independent healthcare company U.S. pension plans. Former employees […]