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Securian Financial Group, Inc. is a mutual holding company that provides a range of financial products and services. Founded in St. Paul, Minnesota by Russell Dorr on August 6, 1880, Securian Financial provides insurance, investment retirement products and Trust services to more than 19 million clients in the United States, Puerto Rico and Canada.
Services are provided through prepaid health plans, who negotiate reimbursement rates with health care providers. [3] Public funding covers 94% of the actuarial value cost for a MinnesotaCare plan. [1] Enrollees cover six percent of the plan's cost in the form of cost sharing for services and a monthly premium based on a sliding income scale. [1]
The group operates as a nonprofit health care provider, [7] serving 1.8 million medical and dental health plan members nationwide. [8] HealthPartners says that the cost of medical care for its members is 13% lower than the state average and as much as 4.4% lower than the regional costs. [9]
Federated Mutual Insurance Company (Federated) is an American insurance company that is the direct writer of property and casualty insurance products with headquarters in Owatonna, Minnesota. As of 2019 [update] , the Company had approximately 2,600 employees and operated in 48 states, with several service offices located throughout the country.
Health insurance exchanges were established as a part of the 2010 Patient Protection and Affordable Care Act to enable individuals to purchase health insurance in state-run marketplaces. [1] In this legislation, states could choose to establish their own health insurance exchanges; if they choose not to do so, the federal government would run ...
The Loring Park building was renamed the "Loring Park Office Building" in 1966 and was subdivided to house a number of businesses. [2] A little know fact about the building, in 1977, the world renowned (and Minnesota native) artist Prince recorded The Loring Park Sessions in his managers office, which was located on the first floor of the ...
Minnesota was divided into a south-eastern area including the Twin-Cities with area code 612 and the rest of the state in the south-west, north, and north-east with area code 218. [2] In 1954, the southern half of 612 was designated a separate numbering plan area with area code 507 as the third area code for the state.
The medical center and University of Minnesota Children's Hospital, were created in 1997 as a result of the merger of the University of Minnesota Hospitals and Clinics with Fairview Health Services. In 2014, Children's Hospital was renamed University of Minnesota Masonic Children's Hospital in recognition of the financial support that Minnesota ...