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Today, April 1, 2021, U.S. Department of Health and Human Services (HHS) Secretary Xavier Becerra announced that additional savings and lower health care costs are available for consumers on HealthCare.gov.
The American Rescue Plan (ARP) has increased tax credits available to consumers, helping to reduce premiums and giving consumers access affordable health care coverage.
Premium tax credit calculations for the Marketplace on HealthCare.gov are now adjusted so that consumers qualify for more substantial advance payments of premium tax credits. Many Americans on the Marketplaces will see their premiums decrease, on average, by $50 per person per month and $85 per policy per month.
This Special Enrollment Plan will run through August 15, 2021. For more details, read the full article at HHS Secretary Becerra Announces Reduced Costs and Expanded Access Available for Marketplace Health Coverage Under the American Rescue Plan | HHS.gov.
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