As part of the American Rescue Plan Act (2021), many individuals and families are now eligible for lower, or in some cases $0 monthly premiums for Marketplace health coverage.
Americans who purchase individual health insurance that’s ACA compliant through the marketplace in each state can in many cases achieve substantial cost savings through the Affordable Care Act’s premium subsidies (premium tax credits) and cost-sharing reductions.
ACA-compliant refers to a major medical health insurance policy that conforms to the regulations set forth in the Affordable Care Act (Obamacare).
In fact, many consumers shopping for ACA / Obamacare plans in 2022 will be able to tap into these subsidies for the first time because the American Rescue Plan increased ACA premium subsidy availability at all income levels.
If you’re self-employed or without insurance from your employer – in other words, you’re looking for individual or family health insurance, we want to make you aware of the whole range of individual and family insurance products that are available in your state.