View your plan results: On the plan results screen, you can view and compare the plans, premiums and benefits available in your area.
Subtract the “monthly estimated financial help” value you got in Step 1 from the monthly premium to determine your estimated monthly cost of coverage.
As an example:
- Say the "estimated financial help" value you got in Step 1 from the New Benefits Estimator tool is $200.
- The plan you are interested in displays its full premium price as $438.50.
- Subtracting $200 from $438.50 = $238.50; this is your estimated new lower premium for this particular plan under the new expanded tax credits.
This is the estimated amount of tax credits available to you due to the enhanced subsidy benefits provided under the American Rescue Plan. MNsure is working on making changes in our systems that will make these enhanced credits available to you in advance, so the insurance company you enroll with can deduct them from your monthly premium if you choose. In the meantime, know that any tax credits you are eligible for but not able to collect in advance will be provided to you by way of your tax return. These enhanced benefits are retroactive to your first date of coverage through MNsure in 2021.
The screen below shows the monthly premiums for three plans.