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Minnesota health insurance rates to rise in 2026

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  Source: minnesotareformer.com Key Points: Minnesota health insurance premiums rise in 2026. Higher medical costs and inflation drive increases, partly offset by reinsurance. Compare plans carefully to find affordable coverage. Nearly one million Minnesotans who rely on Minnesota health insurance through the marketplace or Medicare Advantage plans will see premium increases in 2026, state officials announced Wednesday. According to the Minnesota Department of Commerce, individuals purchasing coverage on the MNSURE marketplace will face an average increase of 22 percent, while small group plans for businesses are set to rise by an average of 14 percent. Seniors enrolled in Medicare Advantage plans will see an estimated 18 percent increase. Grace Arnold, commissioner of the Minnesota Department of Commerce, said higher medical costs and broader inflation are key drivers of the increases. “Health care costs continue to rise, and those pressures are reflected in the premiums for the c...