Enhancements to the ACA
In 2021, the federal government passed the American Rescue Plan which includes several key health care provisions to the Affordable Care Act (ACA) that expand benefits available to Minnesotans through MNsure. In 2022, these enhancements were extended for three years in the federal Inflation Reduction Act.
The expanded benefits include 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.
- Most people already enrolled through MNsure will see savings.
- People enrolled through MNsure without premium tax credits may now be eligible.
- More families with access to employer-sponsored insurance may be eligible for lower-cost health coverage.