The federal subsidy for Consolidated Omnibus Budget Reconciliation Act, or COBRA, is going away at the end of this month. The subsidy has helped unemployed Minnesotans who chose to continue with their workplace health insurance plan stay covered during the COVID-19 pandemic.
“So on September 30th, that subsidy is going to end and that means it’s the perfect time for Minnesotans to come to MNsure and make certain they will be enrolled in comprehensive coverage where they can do it much more inexpensively than by continuing their coverage on their own.”
MNsure CEO Nate Clark says Minnesotans and their dependents currently enrolled in COBRA coverage may qualify for a 60-day special enrollment period to sign up for a new health plan. For more info, go to mnsure.org.