April 13, 2021
The $1.9 trillion stimulus bill recently signed by President Joe Biden—known as the American Rescue Plan—increases and expands eligibility for Affordable Care Act (ACA) premium subsidies for people enrolled in marketplace health plans. It also expands access to federal premium subsidies, making them available to people earning more than four times the federal poverty level (FPL) for the first time.
To help consumers benefit from these new subsidies, Covered California launched a special open enrollment period starting April 12, 2021, which will continue through the end of 2021. The U.S. Department of Health and Human Services has also created a special open enrollment window for those seeking coverage through Healthcare.gov, which will remain open through August 15, 2021.
Consumers can find out how much of a subsidy they might be eligible for using the Kaiser Family Foundation’s subsidy calculator.