As a young professional on a budget, Miranda often researches products before purchasing and shops around to get the best value for her money. Little did she know she would be able to do that with her health insurance.
"I really didn't think I was going to get better coverage at a lower premium, but there were several options out there," said Miranda.
Miranda is an account manager at a large consulting firm and is offered insurance through her employer. When MNsure open enrollment began, she decided to check it out, just to compare her employer costs and coverage with what was offered on the marketplace.
"I quickly realized that the premiums through my employer were pretty high and the coverage was not that great compared to what was being offered on MNsure."
Because Miranda is offered insurance through her employer she is not eligible for tax credits or subsidies. However, she was able to purchase a platinum plan with a low deductible and will save about $1,250 a year in premiums and more than $1,000 a year in out of pocket costs.
"I encourage my friends, family, everyone I talk to that they should go check it out." She believes knowledge is power, and that it's important for people to know what their options are.
Premiums on MNsure are among the lowest in the nation. Young people in Minnesota can now find health coverage at a price that fits their budget.