ACA Exchanges Unveil New Subsidies For Consumers

The federal Affordable Care Act exchanges on Thursday included new subsidies to help 15 million uninsured Americans purchase coverage. The Biden administration approved the subsidies in March, under the American Rescue Plan, estimating that expanded premium assistance would result in four out of five customers purchasing a plan on the marketplaces with premiums of $10 or less per month. The Kaiser Family Foundation estimated the law increased the number of people eligible for a subsidy by 20%, to 21.8 million.Modern Healthcare, Read More.

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