Arlington Health Insurance Applaud Democratic Legislation to Extend Subsidies

Arlington Health Insurance Applaud Democratic Legislation to Extend Subsidies, updated 9/14/22, 10:41 AM

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Rick Thornton, an Arlington health insurance agent , say that agents recognize that Democrats in the Senate are trying to pass a two-year extension of Insurance subsidies that were originally passed by American Rescue Plan Act (ARPA) for coverage years 2021 and 2022

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Arlington Health Insurance Applaud
Democratic Legislation to Extend Subsidies
These increased premium
assistance payments helped
make sure some low-income
customers didn't pay anything
out pocket when it comes their
insurance premiums.
The bipartisan CBO projects
that making the subsidies
permanent would lead to an
increase in ACA coverage by
4.8 million people.
They expect the overall
enrollment on exchanges to see
a 5-2 margin decline,
depending on the financial
assistance from government
programs like Medicaid.
Individuals without such support
may show less movement than
before due this factor alone! The
agency also believes there will
be declines in other sources of
insurance.
It projects a 2 million decrease for employer
sponsored health care and a 500K drop from
non-group coverage purchased outside the
ACA exchanges CBO explains that this is due
primarily because more people are eligible
under government programs like Medicaid or
CHIP which offer free access with
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