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American Rescue Plan increases savings for consumers applying through MNsure

admin by admin
July 16, 2021
in Business, Community News
0

Health insurance helps individuals and families prepare for life’s unexpected challenges. To enable more Minnesotans to gain the security of health insurance during the COVID-19 pandemic, MNsure has offered a five-month special enrollment period (SEP) that closes this Friday, July 16, 2021.

If you’re uninsured or are currently enrolled in a health plan outside of MNsure, the COVID-19 SEP is a unique opportunity for you to find affordable, comprehensive health care coverage for 2021 through MNsure. The next open enrollment window won’t be until November 2021, with coverage beginning in January 2022—so don’t wait!

Thanks to the American Rescue Plan, private health insurance is now more affordable than ever through MNsure. New benefits include increased tax credits and cost-sharing reductions that can reduce your premiums and the amount you pay for health care costs. Expanded eligibility means more Minnesotans with middle incomes can access these benefits. And if you received unemployment income at any point in 2021, you may be able to find a plan through MNsure with a premium as low as $0 per month.

So far, nearly 12,700 Minnesotans have signed up for health insurance through MNsure during the COVID-19 SEP. About 58% of enrollees are eligible for tax credits or cost-sharing benefits.

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