1/19/2022 10:15:00 AM
FOR IMMEDIATE RELEASE
ST. PAUL, Minn.—A record number of Minnesotans signed up for private health insurance plans during MNsure’s recent open enrollment period. 134,257 Minnesotans signed up for 2022 health insurance coverage through the state’s health insurance marketplace between November 1, 2021, and January 15, 2022. The record number of sign-ups is 11,988 more than in the previous year’s open enrollment period and represents a 10% increase.
“When we talk about record sign-ups for MNsure, what we’re really talking about is more Minnesotans who are able to access coverage that’s critical for their health and well-being,” said MNsure CEO Nate Clark. “Over 134,000 Minnesotans were able to find health insurance through MNsure that covers /shop-compare/about-plans/esb/index.jspessential benefits including doctor’s visits, emergency services, vaccinations and so much more.”
Minnesotans see cost savings across the state
The record number of private health plan sign-ups was fueled by expanded access to cost savings made possible by the federal /learn-more/aca/arpa.jspAmerican Rescue Plan (ARP) COVID Relief package, which expanded eligibility for cost savings to more Minnesotans.
Over 58% of those who purchased health insurance through MNsure are receiving advanced premium tax credits (APTC), which lower the monthly cost of insurance premiums. The average tax credit per household is $6,089 a year.
“More Minnesotans than ever before are eligible for tax credits available only through MNsure. Those credits work like an instant discount on monthly health insurance bills,” said Clark. “On average, eligible Minnesotans are saving over six thousand dollars a year on their health insurance, which can make a big difference for a family’s budget.”
Across the state, yearly APTC averages for households were:
Open enrollment by the numbers
There are still opportunities to get covered
The recent open enrollment deadline did not apply to Minnesotans who qualify for coverage through /financial-help/ma-mncare/index.jspMinnesotaCare or Medical Assistance, or members of /new-customers/who-can-enroll/american-indians/index.jspfederally recognized tribes, who can enroll through MNsure any time of year, including outside of the annual open enrollment period.
Minnesotans who experience a /new-customers/enrollment-deadlines/special-enrollment/sep-le/index.jspqualifying life event (such as marriage, birth or adoption of a child, or a move) may also be eligible to shop for coverage.
