The American Rescue Plan lowers health insurance premiums on Pennie. If you were previously eligible for financial assistance, like advance premium tax credits (APTC), to lower the cost of health coverage, you will be eligible for additional financial assistance to further reduce the cost of coverage. If you previously did not qualify for financial assistance because your income was too high, you may now qualify.
Note: Other eligibility criteria, like access to job-based coverage (ESI) that meets affordability standards, have not changed. Those with an offer of ESI that meet this criterion will continue to be ineligible for financial assistance through Pennie.
To find out how much you could qualify to save because of the passing of the American Rescue Plan check out the Savings calculator at American Rescue Plan Savings Calculator (pennie.com).