MNsure 2020 Health Insurance Tax Credits Highest in SE Minnesota
St Paul, MN (KROC AM News) - Just over half of the Minnesotans who signed up for 2020 health insurance through MNsure qualified for tax credits that averaged more than $5,000.
The credits were nearly double that amount for residents in SE Minnesota.
Here’s a summary of the advanced premium tax credits (APTC):
Southeast Minnesota: $9,306
Northeast Minnesota: $5,277
Southwest Minnesota: $8,066
Twin Cities Metro: $3,738
Northwest Minnesota: $6,184
The MNsure open enrollment period ended Dec 23 and officials say sign-ups were around 117,500. That’s an increase of 2500 from the previous year. This was the MNsure’s seventh open enrollment period.
According to MNsure officials, operations were notably smooth, and consumers reported improved customer experiences with the new online shopping and enrollment tools MNsure unveiled this year.
"Despite uncertainty on the federal level, we’re pleased MNsure was able to sign up over 117,500 Minnesotans for health care coverage,” said CEO Nate Clark. “It’s clear that Minnesotans see the value of comprehensive coverage and rely on the consumer protections and financial benefits offered only through MNsure."
Clark added, “We know that in past years, many of the Minnesotans who enrolled in late December and early January would have been eligible for special enrollment. If you still have a coverage need, check to see if you can still enroll.”
"MNsure’s improved shopping and enrollment platform made signing up for coverage easier than ever,” said Clark. "We continue to improve the shopping experience so that Minnesotans can find the health coverage that best meets their needs."
By the numbers:
Private health plan sign-ups: 117,520
Public program applicants: 58,417
Total accessing coverage: 175,937
Percentage of households receiving tax credits: 53 percent
Average yearly tax credit by household: $5,244
Call volume: 80,745
MNsure.org sessions: 1,507,189
Plan comparison tool sessions: 299,271