[PR] American Rescue Plan lowers health insurance premiums for District residents
The American Rescue Plan Act of 2021 (American Rescue Plan) lowers health insurance premiums. For DC residents, the American Rescue Plan reduces premiums for health insurance through DC Health Link, provides health insurance for as little as $2/month to people who lost their jobs, and pays for 100% of COBRA premiums for laid-off workers.
Monthly Premium Reductions for DC Health Link Customers in 2021 and 2022
How does the American Rescue Plan help me to afford private health insurance?
The American Rescue Plan lowers health insurance premiums on DC Health Link.
I already get premium reductions. Will my premiums go down?
Yes. The American Rescue Plan decreases your premiums. For example, if you are a 30-year-old resident with an annual income of $30,000 and already pay a reduced premium of $200/month for a silver plan, your monthly premium will go down to $90/month.
I don’t qualify for reduced premiums under the Affordable Care Act (ACA). Does the American Rescue Plan reduce my premiums?
Yes. The American Rescue Plan reduces your premiums so you will not pay more than 8.5% of your income on premiums. For example, if you are a 30-year-old resident with an annual income of $45,000 and already pay the full monthly premium of $377/month for a silver plan, your premium will go down to $282/month.
The ACA lowered premiums for people who had incomes up to 400% of Federal Poverty Level (FPL) -- $51,040 per year (or $104,800 per year for a family of 4). Having a higher income meant that you did not qualify for premium reductions under the ACA. The American Rescue Plan protects everyone. No one will pay more than 8.5% of their income on health insurance premiums.