Thread by @charles_gaba

🎉📣 UPDATED: Now that the #AmRescuePlan has made it through final passage, these graphs and tables are going to be extremely important for the next two years (and hopefully permanently!): 1/ acasignups.net/21/03/10/new-h…

📣 Under the #AmRescuePlan, #ACA enrollees who ALREADY receive financial subsidies will see savings of up to $3,000/year or more on average...

...and enrollees who AREN'T currently eligible for subsidies would see savings of up to $17,000/year or more.

That's not a typo. 2/

📣 Expanded #ACA subsidies under the #AmRescuePlan are to be *retroactive* to the beginning of 2021, which means *current* enrollees are supposed to receive the extra subsidies dating back to Jan 1! They may be applied to future premiums *or* as part of a tax refund next year. 3/

📣 So how much (or how much more) will YOU save? Well, it depends where you live, your household makeup & household income, but here's several examples based on *average* 2021 benchmark Silver premiums nationally. Again, your savings could vary widely. 4/

A single 26-yr old would save up to $1,500/year...and if they earn less than $19,000, they'd pay *nothing* in premiums for a Silver plan. 5/

A single 50-yr old would save up to $270/month or over $3,200/year. They'd go from paying as much as 14.8% of their income to no more than 8.5% (and far less than that at lower income levels). 6/

A 40-yr old couple with 2 young children would save up to $610/month or over $7,300/year. The key thing to remember is that MIDDLE CLASS households would be eligible for #ACA subsidies for the first time!

This one will blow your mind: A 60-yr old couple could go from having to pay up to 33% of their annual income on premiums down to just 8.5%...saving them as much as $17,000/year or more. 8/

📣 By an amazing coincidence, EVERY STATE has re-opened their #ACA exchange for people to enroll in coverage via the COVID Enrollment Period going on *right now*! 9/
acasignups.net/21/03/10/2021-…

📣 NOTE: It may take a while for the #ACA exchanges to update their systems & apply the expanded/enhanced subsidies (ranging from a few weeks to a few months), but everyone WILL receive whatever they're eligible for; please be patient. 10/
acasignups.net/21/03/11/let-g…

📣 I've mostly focused on those who earn too much to qualify for subsidies pre-#AmRescuePlan, but those who *already* qualify will also see a boost in tax credits. Lower-income enrollees also qualify for VERY generous reductions in deductibles & co-pays via CSR Silver plans! 11/

⚠️ Oh, I hate to harsh anyone's buzz, but it's also important to keep in mind that there's still the possibility that the Supreme Court could STRIKE DOWN THE ENTIRE ACA... #MootTheSuit 12/ acasignups.net/21/02/05/democ…

As an aside, if you find my healthcare analysis/ advocacy work useful (and can afford to do so), you can support it here, thanks! /END acasignups.net/donate