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MNsure Changes

MNsure statement regarding federal changes to the Affordable Care Act

New policies set to improve affordability on Minnesota’s marketplace

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.

“We welcome this great news, which will make health care coverage more affordable,” said MNsure CEO Nate Clark. “Every Minnesotan who currently receives tax credits through MNsure will see additional savings, and thousands more Minnesotans who weren’t eligible to receive financial help before will now be able to access tax credits that can significantly reduce the cost of their health insurance.”

Key takeaways:

  • Most people already enrolled through MNsure will see savings.
  • People enrolled through MNsure without federal premium tax credits may now be eligible.
  • Those currently enrolled in plans outside of MNsure can enroll through MNsure.org and take advantage of benefits.
  • Uninsured Minnesotans should consider these new cost savings.

These expanded tax credits will not be advanceable until later this year. This means enrollees will not immediately see any additional savings on their monthly premiums but can reconcile the savings when they file their taxes next year. Current MNsure enrollees will be eligible for a full year of savings, retroactive to their first month of coverage in 2021. The enhanced savings will be available in advance for the entire 2022 coverage year.

Additional information, including implementation details and timing, and a tool to estimate potential savings, are forthcoming on MNsure.org. Interested Minnesotans should sign up for MNsure’s eNews emails for updates.MNsure is Minnesota’s health insurance marketplace where individuals and families can shop, compare and choose health insurance coverage that meets their needs. MNsure is the only place you can apply for financial help to lower the cost of your monthly insurance premium and out-of-pocket costs. Most Minnesotans who enroll through MNsure qualify for financial help