Analysts estimate that roughly 317,000 people with non-ACA-compliant coverage would switch to a more comprehensive ACA-compliant plan if they were to become newly eligible. (Photo: Shutterstock)
Affordable Care Act Marketplace enrollment would increase by 60% next year if temporary subsides under the American Rescue Plan Act became permanent, a new study found.
As the economy continues to recover from the COVID-19 pandemic and recession, the plan includes several provisions designed to expand access to affordable health insurance coverage in 2021 and 2022. One provision allows people with incomes above 400% of poverty eligibility for subsidies to purchase insurance coverage from the Marketplace. The law also increases financial assistance for people at lower incomes who were eligible under the ACA. Both provisions last for two years, retroactive to Jan. 1, 2021.
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