Healthcare Finance News April 2, 2021
Jeff Lagasse

Four out of five consumers will be able to find a plan for $10 or less per month with the newly expanded financial assistance.

U.S. Department of Health and Human Services Secretary Xavier Becerra announced on Thursday that additional savings and lower healthcare costs are available for consumers on HealthCare.gov due to the American Rescue Plan, which has increased tax credits available to consumers. Becerra said this has reduced premiums and increased access to affordable coverage.

HHS also announced an additional $50 million in advertising to bolster the special enrollment period outreach campaign. The campaign will run through August 15.

WHAT’S THE IMPACT

Premium tax credit calculations for the marketplaces on HealthCare.gov are now adjusted so that most consumers qualify...

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Topics: ACA (Affordable Care Act), Govt Agencies, HHS, Insurance, Medicaid, Patient / Consumer, Payer, Public Exchange
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