MNsure numbers show lower premiums across MN for 2019
ST. PAUL — Health insurance premiums through the state exchange will drop in various regions throughout the state, according to information released by the Minnesota Department of Commerce.
With open enrollment for MNsure set to open Nov. 1, the DOC noted that premiums across Minnesota have decreased, on average, by amounts ranging from 7.4 percent to 27.7 percent for 2019.
“The rate decreases in the individual market indicate that this market continues to stabilize,” said Commerce Commissioner Jessica Looman. “This positive trend is important for Minnesotans who buy their own health insurance and who benefit from the comprehensive coverage these plans offer.”
MNsure officials still urge Minnesotans to shop, compare and save on their premiums using MNsure.org.
“Many Minnesotans and their families may be leaving money on the table and we encourage Minnesotans to visit MNsure.org,” said MNsure CEO Nate Clark. “MNsure is the only place consumers can receive tax credits, and all plans available through MNsure offer comprehensive coverage that covers pre-existing conditions.”
Federal tax credits could be available for individuals earning up to $48,560 a year, or families of four earning up to $100,400 a year, MNSure noted. Additional income guidelines are available on the MNsure website.
Beginning Oct. 15, Minnesotans can compare available 2019 plans before the start of open enrollment.
BluePlus, HealthPartners, Medica and UCare will offer 83 different health insurance plans through MNsure for the 2019 coverage year. Multiple qualified health plans through MNsure are available in every county across the state.
MNsure’s sixth open enrollment period runs Nov. 1 to Jan. 13, which is approximately a month longer than the federal open enrollment period.