ST. PAUL, Minn. (AP) — Health insurance coverage will be available for as low as $91 a month through Minnesota’s new health insurance marketplace.
State officials released the first look Friday at health insurance plans and rates to be sold on MNsure, which is Minnesota’s vehicle for delivering federal health care changes. The marketplace is scheduled to go live on Oct. 1, and coverage starts Jan. 1.
Commerce Commissioner Mike Rothman says Minnesota has the lowest average rates compared to other states that released costs. Officials could not promise people will pay less compared to current coverage, but are confident they will get more for their money.
About half of participants are expected to qualify for tax credits to help defray the cost.
Five companies are selling a total of 141 plans on the exchange.