Thanks to a
special provision in the American Rescue Plan, a health plan from HealthCare.gov is now even more affordable
this year. If
you receive
unemployment compensation for one or more weeks in 2021, you’re likely
eligible for maximum financial assistance on both your monthly premium and
out-of-pocket costs.
What this
means: You’re likely eligible for a
$0 or very low monthly premium (less than $10 per month) plan and extra savings
known as cost-sharing reductions to keep your deductibles, copays, and
coinsurance low when you get medical services.
To see if you qualify for additional savings, submit your
application by August 15. If you
received (or are approved to receive) unemployment compensation in
2021, come back to HealthCare.gov
and submit your 2021 application with this information. Then select a Silver plan
with the “Extra Savings” label.
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