Along with $1,400 stimulus checks and monthly child tax credit payments, the American Rescue Plan has another important benefit available to people who qualified for unemployment assistance this year – free health care.
The no-cost and low-cost health care plans became available on July 1, according to the Centers for Medicare & Medicaid Services (CMS). They will provide coverage through the end of the year.
“The Biden-Harris Administration is focused on providing relief to millions of families who need to access health insurance coverage because they have been impacted by job losses or underemployment during the pandemic,” said HHS Secretary Xavier Becerra. “The Administration has made it easier than ever for Americans to enroll in an affordable, comprehensive health insurance plans through HealthCare.gov thanks to the increased financial assistance provided through the American Rescue Plan.
Millions of people will be able to take advantage of the insurance subsidies, but there’s an important requirement – you have to have received or been approved to receive unemployment compensation in 2021.
If you are eligible, the next step is to got to Healthcare.gov and submit a new application or update an existing one to maximize your savings.