Mini-med plans not regular insurance

Limited medical insurance plans known as “mini-med plans” may not offer protection Minnesotans expect, the state commerce commissioner said.

Mini-med plans are bare-bones policies that pay less than normal insurance.

“Insurance is an important way to minimize risk and protect yourself, but it is important to understand the product before you buy,” Commissioner Mike Rothman said. “Limited medical benefit Insurance is not the same as comprehensive health insurance and should not be considered a substitute.”

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