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Health insurance rates remain stable

Minnesotans looking for health insurance coverage can enroll in Minnesota's insurance exchange beginning Friday, Nov. 1.

The Minnesota Department of Commerce said premiums are stable and that every county in Minnesota will have at least two insurers offering coverage in the individual market.

"MNsure will offer 39 more health plan options in 2020," said MNsure CEO Nate Clark. “Which means more coverage and network choices for Minnesotans across the state."

Many Minnesotans qualify for tax credits that can help lower their monthly premiums, but haven't sought them out, the department said. According to the Department of Health's Health Access Survey, nearly 75 percent of uninsured Minnesotans — over 250,000 people — in 2017 would have been eligible for financial help through MNsure.

"There is a misconception that most people earn too much to qualify for financial help through MNsure," said Clark. “When the truth is that an individual earning up to $49,960 a year, or a family of four earning up to $103,000 a year, can qualify."

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Minnesotans can view available 2020 plans through MNsure starting Tuesday, Oct. 15. MNsure's seventh open enrollment period runs Nov. 1 to Dec. 23. For more information, visit MNsure.org .

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