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MNsure expands, adds tax credits

 

April 9, 2021



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. Plans selected in April will have an effective date of May 1 and plans selected in May will have an effective date of June 1, and so on.

Minnesotans who already receive tax credits through MNsure will see increased savings this spring. Current enrollees do not have to do anything to receive the enhanced benefits. MNsure will recalculate the tax credit increases and send the updates to health insurance carriers to be processed this spring.

Minnesotans with a household income that was previously too high to get financial help (such as individuals earning more than $51,040 a year or a family of four earning more than $104,800 a year), will receive their new benefits this summer. More information will be available in the coming weeks. Visit the MNsure website to get an estimate of potential 2021 savings.

For those without internet access, the MNsure Contact Center, 855-366-7873, from 8 a.m. to 4 p.m. Monday through Friday.

 
 

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