A new Covered California analysis describes the potential impact to consumers if the increased health insurance subsidies that were part of the American Rescue Plan are allowed to expire at the end of 2022.
In California, all consumers would face premium increases, including 1 million lower-income consumers (individuals earning less than $32,200 per year), who would see their premiums more than double.
In addition, middle-income individuals and families (for individuals, those earning more than $51,520 per year), would no longer be eligible for any financial help and would face higher monthly premium costs that for many will mean annual cost increases in the thousands of dollars.
The increase in costs could force more than 150,000 people in California and more than 1.7 million nationally to drop their health insurance.
IMPORTANT: The official 2022 Open Enrollment Period has now ended in most of the country, but there's 8 states where residents still have time to #GetCovered, with their new healthcare policies going into effect starting either February 1st or March 1st.
The 2022 OEP is by far the best ever for the ACA coverage, with dramatically expanded financial help for millions more people (including many who weren't eligible last year), reinvigorated expert, unbiased assistance, more choices in many states and counties, and FREE policies for more people than ever before.
If you've never enrolled in an ACA healthcare policy before, or if you looked into it years ago but weren't impressed, please give it another shot now. Thanks to the American Rescue Plan (ARP), it's a whole different ballgame.
Here's some important things to know when you #GetCovered for 2022:
WHAT: Open enrollment begins today on NevadaHealthLink.com, the online health insurance marketplace operated by the state agency, the Silver State Health Insurance Exchange (Exchange), that connects Nevadans to quality, affordable health and dental plans. For this Plan Year 2022, Nevadans can shop 126 qualified health plans. All plans are designed to fit each individual’s budget and health needs.
Monday, November 1st was the start of the official 2022 #ACA Open Enrollment Period (OEP) for anyone who needs quality, affordable healthcare coverage. The 2022 OEP is by far the best ever for the ACA coverage, with dramatically expanded financial help for millions more people (including many who weren't eligible last year), reinvigorated expert, unbiased assistance, more choices in many states and counties, and FREE policies for more people than ever before.
If you've never enrolled in an ACA healthcare policy before, or if you looked into it years ago but weren't impressed, please give it another shot now. Thanks to the American Rescue Plan (ARP), it's a whole different ballgame.
Here's some important things to know when you #GetCovered for 2022:
1. RESIDENTS OF MOST STATES HAVE MORE TIME, BUT YOU STILL SHOULDN'T DELAY!
State Receives Marketplace Modernization Grant, Awarded by Centers for Medicare & Medicaid Services (CMS) Under American Rescue Plan Act
ALBANY, N.Y. (September 17, 2021) – NY State of Health, the state’s official health plan Marketplace, today announced it has been awarded a Marketplace Modernization Grant by the Centers for Medicare & Medicaid Services (CMS). This funding, a total of $1.1 million dollars, the maximum awarded to state-based marketplaces, has been made available by the American Rescue Plan Act (ARPA) of 2021 for the purpose of modernizing or updating state technology systems and/or conducting targeted consumer outreach activities that can improve access to health coverage for consumers.
Access Health CT Awarded $1.1M Grant From The Centers For Medicare and Medicaid Services
Grant funding supports the implementation of the American Rescue Plan Act in Connecticut and several technology upgrades improving the consumer experience
HARTFORD, Conn. (September 20, 2021)—Access Health CT (AHCT) announced today it was recently awarded $1.1 million of grant funding from the Centers for Medicare and Medicaid Services (CMS). The grant will be used to financially support the implementation of the American Rescue Plan Act (ARPA) helping to make health insurance more affordable for Connecticut residents, along with technology modernization projects that will enhance consumer experiences within the online customer portal. The grant funding was made possible through the ARPA.
I've received an important reminder from the folks at HealthCare.Gov:
Continued Enrollment Opportunity for Consumers with Unemployment Compensation
The American Rescue Plan (ARP) provides additional savings to help consumers access affordable, quality health coverage options, including expanded opportunities for those who received or are approved to receive unemployment compensation in 2021.
Starting July 1, 2021, the Centers for Medicare & Medicaid Services (CMS) added a new function to HealthCare.gov to allow consumers who receive or are approved to receive unemployment compensation for any week beginning during 2021 to access new savings on health insurance coverage, if they qualify.
NY State of Health Enrollment Continues to Surge as More New Yorkers Sign Up for Low-Cost Coverage Following the American Rescue Plan and Enhancements Made to New York’s Essential Plan
Federal COBRA Subsidies are Ending This Month, but Minnesotans Have Affordable Health Coverage Options Through MNsure
ST. PAUL, Minn.—The federal subsidy for Consolidated Omnibus Budget Reconciliation Act, or COBRA, expires on September 30. The subsidy, part of the American Rescue Plan stimulus package, has helped unemployed Minnesotans who chose to continue with their workplace health insurance plan stay covered during the COVID-19 pandemic.
“Minnesotans who are losing this COBRA subsidy and are looking to keep their health care costs low should visit MNsure.org today to check out their health coverage options and see how much they can save,” said MNsure CEO Nate Clark. “Avoiding a gap in health coverage is more important than ever, so don’t wait.”
