NAHU CEO Janet Trautwein issued a statement stressing that the American Rescue Plan Act focuses on the success of private health insurance to expand coverage to millions of Americans. “The provisions will help employers stay in business, keep employees on their payroll, and allow them to continue to offer benefits, including health insurance,” she said.
The $1.9 trillion American Rescue Plan Act does the following:
- Allocates money for a new round of stimulus checks for individuals
- Extends unemployment benefits
- Fully subsidizes COBRA from April 1 to September 30
- Increases federal subsidies to those who purchase their own insurance on the exchange
- Adds revenue for small businesses, schools, vaccines, and anti-poverty programs
“NAHU and its chapters throughout the country are in unison regarding mitigating as much disruption as possible for healthcare consumers and employers during the pandemic. They continue to be the trusted advisers for employers both big and small who count on them to assist their employees when they have issues with their health coverage or questions about their benefits,” she added.