American Rescue Plan and the Health Insurance Marketplace
PRESIDENT BIDEN SIGNS THE AMERICAN RESCUE PLAN OF 2021 INTO LAW
Friday, the Biden-Harris Administration announced the American Rescue Plan Act of 2021 (ARP) will help to reduce health care costs, expand access to coverage, and ensure nearly everyone who buys their own individual or family health insurance through a Marketplace can receive a tax credit to reduce their premiums. The ARP not only provides the resources for America to beat this pandemic, but it also expands access to health insurance coverage, lowers costs, and ensures that health care truly is a right for all Americans.
The fact sheets cover more details on the provisions to be implemented April 1. Look for more communication from CMS over the next week for training sessions that will provide more information.