Around 250-thousand Minnesotans will soon begin enrolling for 2017 health insurance coverage through the state’s MNsure exchange, and many face steep monthly rate hikes. MNsure CEO Allison O’Toole says the state’s exchange is the only place consumers can save money:
“That’s through tax credits… Federal tax credits that act like instant discounts for consumers off their monthly premium. So it literally pays to shop through MNsure. More than half the folks on the individual market qualify for tax credits.”
O’Toole says some people may encounter steep monthly premium hikes and encourages them to use the on-line comparison tool on the MNsure website to window-shop:
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[G:\scripts\audio\trenroll1.wav] :11 “ON THEIR COVERAGE”
(That is a really easy to use tool for consumers to get a snap shot of what their plan choices are and if they can save money on their coverage.)
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State lawmakers are debating how to help those with steep premium increases who are not eligible for tax credits. Minnesotans can begin buying coverage through MNsure starting at six a.m. tomorrow.(tues)