1/2/2018 2:45:00 PM
FOR IMMEDIATE RELEASE
ST. PAUL, Minn.—With just under two weeks left in the 2018 open enrollment period, MNsure is reminding Minnesota residents of important money-saving tax credits. The statewide household average for tax credits is around $7,000 per year. Approximately 62 percent of enrolled households are receiving tax credits.
“Minnesotans are saving an average of over $7,000 per year from tax credits when purchasing coverage through MNsure,” said Allison O’Toole, MNsure CEO. “This is real money for Minnesota families, and can help make the unaffordable, affordable.”
MNsure's open enrollment period runs through January 14. More than 110,000 Minnesota residents have enrolled in private health coverage through MNsure thus far.
“Minnesotans have through January 14 to shop, compare and save on their health coverage, so we are urging all Minnesotans to visit MNsure.org to see if they qualify for financial assistance. Free in-person help is also available across Minnesota for people who need it,” said O'Toole.
MNsure is the only place where Minnesotans can get federal tax credits.
The 2018 open enrollment period is November 1, 2017 to January 14, 2018. Ninety-six percent of Minnesotans have health coverage--the highest percentage in state history. This year, an individual earning up to $48,240 a year, or a family of four earning up to $98,400 a year could qualify. More information can be found at MNsure.org.