Minnesota Announces Modest Health Insurance Premium Increases for 2023
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Premiums on individual health plans in Minnesota will rise 1.9% to 5.5% in 2023, below past years but indicating rising costs.
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About 167,000 Minnesotans buy individual plans; increases can foreshadow hikes in employer plans.
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Households getting subsidies will see lower premiums, spending 5% less on average.
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Every Minnesota county will have at least 2 individual plan insurers; most will have 3 or 4.
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Minnesotans can buy individual plans on the state exchange, through agents, or from insurers directly.