By the end of May, employers must notify eligible employees and former employees about the COBRA subsidies under the American Rescue Plan. Many of these folks may also be eligible for enhanced premium tax credits through the Affordable Care Act. CHIR’s Maanasa Kona walks through the different coverage options available.
The American Rescue Plan Act of 2021 provides the largest expansion of public and private health insurance coverage since the Affordable Care Act was enacted in 2010. CHIR’s Sabrina Corlette and the Georgetown Center for Children & Families’ Edwin Park break down its key provisions in a new explainer.
Health insurers spent millions to defeat the ACA in 2010. Ten years later, major insurers are joining a growing coalition of supporters working to expand the law. CHIR expert Megan Houston considers why insurers are now embracing the ACA while Democrats now control Congress for the first time since the ACA was passed a decade ago.
Leaving a job comes with many challenges, not the least of which is securing new health insurance. The Consolidated Omnibus Budget Reconciliation Act (COBRA) offers employees continued coverage on their job-based plan, but losing the employer subsidies could cause some to turn to the individual market to find lower premiums. With a Senate bill under consideration that reduces federal subsidies and strips away vital consumer protections, anyone leaving employer coverage will have to make a decision today about joining an insurance market that could look vastly different six months from now. On her last day at Georgetown, CHIR’s Rachel Schwab reflects on options for coverage after leaving a job-based plan.
Just when you thought you had figured out all the possible special enrollment periods for coverage in the new health insurance marketplaces, the Center for Consumer Information and Insurance Oversight (CCIIO) has offered up a few more. Sabrina Corlette gives us an overview.
How does COBRA fit into coverage options now that people who lose employer-sponsored coverage have other insurance options under the ACA? In this blog post, JoAnn Volk takes up that question and looks at what an offer of COBRA means for special enrollment periods under the ACA.
The opinions expressed here are solely those of the individual blog post authors and do not represent the views of Georgetown University, the Center on Health Insurance Reforms, any organization that the author is affiliated with, or the opinions of any other author who publishes on this blog.
