Enrolling through MNsure offers great savings on 2024 health plans

MNsure estimates that Minnesotans who are eligible for tax credits will save $6,750 in 2024 and spend five percent less on private health plan premiums than they did this year, on average.

These significant savings are thanks to advanced premium tax credits, which act like an instant discount to lower the cost of monthly premiums—but are only available when you enroll in health insurance through MNsure.

"Shopping for health insurance through MNsure offers a unique set of benefits that aren't available anywhere else," said MNsure CEO Libby Caulum. "In addition to exclusive access to tax credit savings, MNsure offers side-by-side comparison of plans from different insurance companies and free application and enrollment help from local, trusted experts. We have a wide variety of medical and dental plans to choose from, and you can be confident you're purchasing comprehensive coverage since all plans are guaranteed to cover essential benefits."

Most Minnesotans qualify for savings when they enroll through MNsure. At least three in four uninsured Minnesotans are eligible for savings that would lower the cost of buying health insurance: either tax credits for a private health plan purchased through MNsure, or low- or nocost coverage through Medical Assistance or MinnesotaCare, which are public health care programs administered by the Minnesota Department of Human Services.

Minnesotans buying private health plans through MNsure also benefit from Minnesota's reinsurance program, which lowers premium costs by an average of 20 percent from what they would otherwise be.

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.