KFF August 11, 2022
As part of the Inflation Reduction Act, the Senate recently passed a three-year extension (through 2025) of enhanced subsidies for people buying their own health coverage on the Affordable Care Act Marketplaces. These temporary subsidies were originally slated to last two years (2021 and 2022) and were passed as part of the American Rescue Plan Act (ARPA). The enhanced subsidies increase the amount of financial help available to those already eligible and also newly expand subsidies to middle-income people, many of whom were previously priced out of coverage.
Here’s what to know about the likely renewal of these subsidies:
If signed into law, the Inflation Reduction Act will prevent steep increases in Marketplace premium payments
If Congress extends the temporary...
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