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The American Rescue Plan Act of 2021 increased and enhanced premium tax credits for marketplace insurance coverage, but they will expire after 2022.
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Presidents Biden and Obama are marking the 12th anniversary of the Affordale Care Act, and they're out to expand the law's footprint.
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Many companies have dropped commissions during the Biden administration's special enrollment period. The industry’s trade group says that people who sign up outside the end-of-the-year window tend to be sicker, driving up the price of insurance.
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The enrollment period started in March and is open to anyone making 150% of the federal poverty level or less.
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Jodi Ray of Florida Covering Kids & Families says one reason for the jump may be the Biden administration’s push for more resources toward marketing and outreach, particularly through the American Rescue Plan.
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Subsidies from the president's coronavirus relief act and an extended enrollment period helped add 600,000 Floridians through the federal marketplace.
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The president's earlier coronavirus relief bill has been providing generous subsidy increase, but that assistance will go away at the end of 2022 without congressional action.
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Some consumers "have gone months" without realizing someone had improperly enrolled them in health plans, with tax credits that may need repaying. A proposed new rule would stop the practice.
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Led by nearly 2.6 million in Florida, 13.6 million Americans have enrolled for next year . A boost in subsidies marketing and assistance in navigating the process helped increased the rolls of the insured.
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Florida Blue and Guidewell CEO and president Pat Geraghty joins Intersection to talk about the impact of the pandemic on the health insurance industry, how people are getting insurance and vaccine mandates.