If eligible for the premium tax credit, you can use it to lower your monthly insurance premium when you enroll in a private health insurance plan through MNsure. Premium tax credits can be applied to all private plans except catastrophic and stand-alone dental plans.
To be eligible for the premium tax credit, you must not be eligible for public program coverage, and must not have access to affordable minimum essential coverage.
Congress made premium tax credits more generous and expanded eligibility to more Minnesotans, through 2025:
Use our estimator tool to get a quick estimate on your eligibility and potential savings. Or, to get an official eligibility determination, apply through MNsure and select the application WITH financial help.
The amount of your premium tax credit is based on the income estimate and household information you put on your MNsure application, including:
You can use all, some, or none of your premium tax credit in advance to lower your monthly premium. For example:
Read about how to adjust your APTC amount.
If you enrolled in a plan through MNsure with advanced premium tax credit, or you want to claim a premium tax credit on your tax return, you will need to file the IRS Form 8962 with your federal income tax return for that year. Learn more about claiming or reporting premium tax credits.