Commonwealth Fund May 26, 2022
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The clock is ticking: will Congress act in time to extend American Rescue Plan Act marketplace subsidies due to expire at the end of 2022?
More than 13 million people will see substantial premium increases or lose their coverage unless Congress acts swiftly to extend enhanced marketplace subsidies set to expire at the end of the year
The American Rescue Plan Act (ARPA) has led to record-high marketplace enrollment and significant savings for millions of consumers. But the law’s enhanced marketplace subsidies are set to lapse at the end of the year. Congress is considering whether to extend the subsidies, but the clock is ticking. Though open enrollment does not begin until November 1, insurers, regulators, and marketplace officials...
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