10/16/2017 2:05:25 PM
Starting Monday, October 16, /shop-compare/index.jspMNsure’s online plan comparison tool will be available with updated 2018 plan information. This tool allows Minnesotans to shop and compare plans in advance of open enrollment. The tools helps Minnesotans quickly compare plan options, and learn about their health insurance costs and financial assistance. It is available in both English and Spanish, and can be accessed using either a computer or a mobile device.
The tool identifies premiums and deductible amounts, as well as estimated out-of-pocket costs based on health status and expected use of medical services.
The tool also estimates whether a consumer is eligible for tax credits to offset premium costs. Individuals earning up to $48,240 annually, or a family of four earning up to $98,400 per year qualify for a tax credit. Approximately 65 percent of current enrollees are receiving tax credits.
Starting October 31, the online plan comparison tool will also introduce two new functions: a drug formulary lookup and quality rating system. The drug formulary lookup will allow consumers to compare different plans in the context of their current or expected prescription drug needs, while the quality rating system will display star ratings for each plan based on consumer satisfaction surveys.
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