03/31/2021
Do you have questions about The American Rescue Plan Act (ARP) that was recently enacted into law? We have answers!
Here are a few important highlights about The ARP:
🔹 It increases and expands eligibility for Affordable Care Act (ACA) premium subsidies for people enrolled in marketplace health plans.
🔹 The law also creates new, temporary premium subsidies for COBRA continuation coverage; and it temporarily changes the rules for year-end tax reconciliation of marketplace premium subsidies. These changes will improve the affordability of coverage for individuals who are already enrolled in marketplace health plans, and will provide millions more an opportunity to newly sign up for coverage with increased financial assistance this year.
🔹 The law also made changes to the Medicaid program designed to increase coverage, expand benefits, and adjust federal financing.
Call our office to speak with a specialist in person: 803-432-4960