Should you explore health care coverage options during this year’s Special Enrollment Period? Probably.

The American Rescue Plan (ARP), signed into law this March, will dramatically increase the accessibility and affordability of health care for millions of Americans. Four out of five enrollees in Affordable Care Act Marketplace plans will now be able to find a plan for less than $10 per month, and 50 percent of enrollees will be able to find a Silver plan for that price.

This guide summarizes the health insurance impacts of the ARP and provides a decision tree to help clients decide which plan is right for them. 

  • Current Marketplace enrollees should check if they can now improve their coverage or reduce their costs. Even if enrollees choose to stay in the same plan, they should re-enroll before August 15 so they can receive significant discounts. 
  • Those who received unemployment in 2021 and were not eligible for health insurance can now receive a zero-premium benchmark Silver plan.
  • The ARP also extends the deadline to enroll in COBRA. Those eligible for COBRA because they were laid off or their hours were reduced can get a 100 percent premium subsidy from April 1 to September 30.

Download our decision tree to explore which of the new options is right for you. If you have any questions, speak to a health insurance navigator well before the August 15 deadline. We’ve listed local navigator contacts on the one-pager. 

Health care decision tree*

* To cobrand, insert your organization’s logo in the upper right corner.