A new health insurer in southeast Minnesota plus more competition in dozens of southern and western counties means more options and a shot at lower premiums for many buying coverage on the state’s MNsure exchange.
MNsure announced Friday that consumers in 80 counties next year will see three or more health insurance companies competing on the government-run exchange. This year, only 31 counties in Minnesota are seeing that much competition in the market for individual market coverage.
Average premium increases from returning carriers will range from 1 to 4%, the state Commerce Department said Friday. Monthly costs will vary by geography and could look very different if consumers shop around for a different health plan.
“The actual rate change that a consumer will experience in 2021 can vary depending on factors such as specific plan, geographic rating area and age,” Commerce said in a statement.
A 40-year-old in Rochester who