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The American Rescue Plan Act of 2021 increased and enhanced premium tax credits for marketplace insurance coverage, but they will expire after 2022.
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Many companies have dropped commissions during the Biden administration's special enrollment period. The industry’s trade group says that people who sign up outside the end-of-the-year window tend to be sicker, driving up the price of insurance.
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Jodi Ray of Florida Covering Kids & Families says one reason for the jump may be the Biden administration’s push for more resources toward marketing and outreach, particularly through the American Rescue Plan.
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Subsidies from the president's coronavirus relief act and an extended enrollment period helped add 600,000 Floridians through the federal marketplace.
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Some consumers "have gone months" without realizing someone had improperly enrolled them in ACA plans, with tax credits that may need repaying. A proposed rule would stop the practice.
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Led by nearly 2.6 million in Florida, 13.6 million Americans have enrolled for next year . A boost in subsidies marketing and assistance in navigating the process helped increased the rolls of the insured.
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Open enrollment for the health care marketplace lasts until Jan. 15. But if people want coverage on Jan. 1, they must be enrolled by Dec. 15.
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The federal penalty program finishes its first decade by lowering payments to nearly half the nation’s hospitals for readmitting too many Medicare patients within a month.
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Millions are uninsured because 12 states, including Florida, have not accepted Medicaid expansion. Congressional Democrats want to offer coverage in the spending bill being debated, but competition to get into that package is fierce.
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The U.S. Department of Health and Human Services would need to review and finalize those premiums, so that number could change.
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The average premium through the ACA marketplace reportedly fell 25% in April due to tax subsidies in the American Rescue Plan. Meantime, Florida's Medicaid enrollment continued to climb in June.
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Attorney General Ashley Moody says her office respects “the ruling and authority of the court” but defended her involvement in the suit, saying “my office will always push back on any federal overreach."