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Increased ACA Subsidies Are Here to Stay

Posted on Thursday, August 11, 2022 at 8:52 AM
Health Insurance Erie PA + Erie

On Sunday, the U.S. Senate passed the Inflation Reduction Act of 2022. This bill contains a $64 billion, 3-year extension of healthcare subsidies for consumers first introduced in the American Rescue Plan (ARP) of 2021. The bill is expected to be passed by the U.S. House of Representatives when they vote on legislation this Friday, and will be signed into law shortly after.

This 3-year extension to ARP subsidies is great news for consumers who are receiving much needed help paying for their healthcare coverage! The ACA is stronger than ever, providing millions of Americans with health coverage that not only meets their needs but also fits their budget!

Open Enrollment starts November 1st this year. Don't miss your opportunity, call HMM Benefits Department at (814) 455-0987.


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