ST. PAUL, Minn. — Today, MNsure, Minnesota’s health insurance marketplace, announced over $4.2 million in grant awards to 22 organizations to support increased outreach and enrollment help in communities across the state. All 22 organizations employ MNsure-certified “navigators” — local experts who offer free application and enrollment assistance to Minnesotans who need health insurance.
Navigators provide crucial support for consumers by answering questions and guiding them through the application and enrollment process from start to finish, completely free of cost. Working with a navigator can reduce barriers to getting or maintaining health coverage such as a lack of comfort using technology, unreliable internet access, limited English proficiency, or unfamiliarity with health insurance terms.
ST. PAUL, Minn.—Today, President Biden signed into law a sweeping investment in health care affordability for Americans that will help keep health care costs in check for over 70,000 Minnesotans.
The new federal legislation, called the Inflation Reduction Act, extends enhanced subsidies for private health plans purchased through MNsure, Minnesota’s health insurance marketplace. First introduced in 2021 as part of the American Rescue Plan, the enhanced subsidies made existing tax credits more generous and expanded eligibility for tax credits to include more middle-income families. The average annual savings for MNsure enrollees is $6,100 per household for 2022.
“The Minnesota Heath Access Survey shows that more Minnesota families have been able to access and maintain their health insurance during this critical time,” said MNsure CEO Nate Clark. “Minnesota has been able to reduce the uninsured rate thanks in part to targeted, effective policies, including the expansion of premium tax credits that lower the cost of monthly premiums for private health plans available through MNsure.”
ST. PAUL, Minn.—More than 1,100 residents used the Minnesota Insulin Safety Net Program to access over $6 million worth of insulin in 2021, according to a recent report from the Minnesota Board of Pharmacy.
Together, MNsure and the Minnesota Board of Pharmacy are reminding all Minnesotans that this program is available to provide fast, reliable help for those who need insulin and may be struggling to afford this life-saving drug.
For residents who are in immediate need of assistance – that is, have less than a seven-day supply of insulin and will likely face significant health consequences without it – the urgent need program enables eligible Minnesotans to receive a 30-day supply of insulin right away at their pharmacy and pay no more than a $35 co-pay, one time per year.
ST. PAUL, Minn.—March 23 marks the 12th anniversary of the Affordable Care Act (ACA), which enacted patient protections that make health coverage fairer and easier to understand, and the financial help that makes it more affordable. With the help of the ACA and MNsure, Minnesota’s health insurance marketplace, Minnesota’s uninsured rate has gone from above 9% in 2010 to 4% today.
While the ACA helped thousands of Minnesotans access comprehensive health coverage, the 2021 federal American Rescue Plan (ARP) COVID Relief package made the most significant improvements to the law since its inception. In Minnesota, the ARP lowered costs for tens of thousands, and expanded access to subsidies to those who had previously been ineligible. The cost savings made available through the ARP drove the highest enrollment on record for MNsure. Over 134,000 Minnesotans -- a 10% increase from last year -- signed up for coverage for 2022.
Get Covered This Summer: More Minnesotans Are Seeing Cost Savings Through MNsure
ST. PAUL, Minn.—For the first time, Minnesotans with higher incomes who purchase health insurance through MNsure can access advanced premium tax credits that lower the cost of monthly health insurance premiums. MNsure is encouraging Minnesotans whose incomes were previously too high for tax credits to take another look at private health care coverage through MNsure.
So far, over 9,600 Minnesotans have enrolled through MNsure’s special enrollment period, which began on February 16 and ends on July 16. The special enrollment period is open to those who are uninsured or insured through a plan outside of MNsure. Private plans from BlueCross BlueShield, HealthPartners, Medica, Quartz and UCare are available.
New benefits make health insurance more affordable for more Minnesotans
MNsure enrollees are saving almost 20% each month on health insurance plans
ST. PAUL, Minn.—Minnesotans purchasing health insurance through MNsure are seeing increased savings thanks to recent changes to the Affordable Care Act made through the American Rescue Plan. MNsure is reminding Minnesotans in need of health insurance that they can sign up for coverage today through July 16 through the marketplace’s special enrollment period.
“The new and expanded financial help available only through MNsure can help lower the cost of health insurance by hundreds or even thousands of dollars a year for Minnesota families,” said MNsure CEO Nate Clark. “On average, Minnesotans who already have a plan through MNsure are seeing their monthly premiums reduced by almost 20%, which means you can have the peace of mind that comes with having health insurance, while keeping more money in your pocket.”
ST. PAUL, Minn.—Health insurance companies that partner with MNsure have given Minnesotans another reason to move to a MNsure plan. Most Minnesotans who purchased eligible individual or family coverage directly through BlueCross BlueShield MN, HealthPartners, Medica or Quartz can now purchase a plan from their current insurer through MNsure.org and in many cases without losing the dollars already paid toward their 2021 deductibles and out-of-pocket maximums.
Recent changes to the Affordable Care Act made through the American Rescue Plan mean more Minnesotans will pay less for their insurance. And for the first time ever, Minnesotans who bought their individual or family plan from one of MNsure's partnering health insurance companies can also take advantage of these new savings, but only if they move their coverage and enroll through MNsure. Enrollees should work with their insurance company to determine which plans qualify for a transfer of amounts paid toward their 2021 deductibles and out-of-pocket maximums.
Minnesotans will see expanded tax credits through MNsure beginning today
Savings will be applied this spring and summer; MNsure extends special enrollment period through July 16
ST. PAUL, Minn.—Recent changes to the Affordable Care Act made through the American Rescue Plan mean more Minnesotans will be able to access tax credits through MNsure. The changes lower premiums for most people who are currently enrolled through MNsure and expand access to tax credits to many Minnesotans who previously made too much money to qualify for financial help. Minnesotans who are not currently enrolled in a plan through MNsure, including those who are uninsured, have until July 16 to enroll in coverage.
MNsure Statement Regarding Federal Changes to the Affordable Care Act
ST. PAUL, Minn.—On Thursday, March 11, President Biden signed the American Rescue Plan, which includes several key health care provisions to the Affordable Care Act that will expand benefits available to Minnesotans through MNsure. This includes an increase in the amount of tax credits MNsure enrollees receive to help them pay for their premiums and an expansion of tax credits to middle-income Minnesotans who previously fell outside income thresholds for financial help. This increase in benefits means Minnesotans who purchase health insurance through MNsure will be able to find a plan with premiums that cost no more than 8.5% of their household income.