More in North Carolina now eligible for health insurance help :: WRAL.com
Raleigh, North Carolina – If you have already checked the Affordable Care Act market to see if you are eligible for a grant, now is a good time to check again. Changes to the ACA in the 2021 US bailout have made more financial assistance available to more people.
“Things are very different now than they were even a year ago, so I encourage people to go back,” said Mark Van Arnam, director of the NC Navigator Consortium, which helps people register for health coverage under the ACA.
Van Arnam estimates the changes will extend financial assistance to some 225,000 other North Carolina residents.
“Four out of five consumers who have signed up since the US bailout was enacted or updated their plan are now paying less than $10 a month, or $10 a month or less for their health insurance premiums,” said Van Arnam. “So for a few cups of Starbucks coffee, you can get health insurance, which I think is a really good deal.”
Under the ACA, subsidized health care is available to people whose incomes are up to 4 times the federal poverty level. In 2021, that’s up to $106,000 per year for a family of four or $51,520 per year for a single person.
The amount of grant you are eligible for decreases as your income increases. For 2022, however, even those near the peak of eligibility will receive more aid than in previous years, Van Arnam said. “This really dramatically amplifies the amount of premium support available to eligible consumers,” he said.
In another change for 2022, even those earning more than the income threshold will now be eligible. Anyone paying more than 8.5% of their income for employer-based health insurance may be able to get subsidized coverage at a lower cost in the ACA marketplace.
The increase in subsidies will continue through calendar year 2022. A proposal to extend them beyond that is included in the Build Back Better bill, the Biden administration’s currently stalled social infrastructure package. in the US Senate.
Open registration runs until January 15. The Consortium will host a statewide Zoom open registration event on January 13, walk-in. “And we’ll bring them to a browser for those last-minute people, because we know people are naturally procrastinators,” Van Arnam said.
More information on registration and eligibility can be found at https://www.ncnavigator.net/ or 1-855-733-3711.