Like the sound of bigger savings? So do we!

The historic American Rescue Plan means you may be able to save more than ever on your health coverage. Find out more today by calling your broker or 833-356-1182.

Blank PNG

Option 1: Higher subsidies

To put it simply, subsidies are available to more people—and are larger—than ever before. You can keep your same plan and pay less, or even upgrade your coverage.

Option 2: Larger tax credits

You don’t need to lift a finger right now. When the time comes to file your taxes, you’ll just claim the amount you're owed via larger tax credits.

Still have questions?

For much more information, and answers to your specific questions, check out our FAQ section:

American Rescue Plan

The American Rescue Plan helps lower your monthly premium expenses. The amount of assistance you get is determined by your income and family size.

This tax credit is available to people with family incomes above 100% of the poverty level who buy coverage through the Health Insurance Marketplace. This size of your tax credit depends on your income, your household size, and the price of a Silver plan in your area, but you can use your premium tax credit to purchase any Marketplace plan. These tax credits will now cover more of your premium amount than they used to.

You can choose to use this tax credit now and pay less each month by applying it directly to your health insurance premiums, or you can decide to wait to get the tax credit in a lump sum when you file your taxes next spring.

Most states: HealthCare.gov is up to date with the new tax credits.

Colorado: Connect for Health Colorado is up to date with the new tax credits.

California: Covered California is up to date with the new tax credits.

Household income includes incomes of the person who pays taxes, the spouse, and, in some cases, children, known as dependents on tax returns. For the purposes of the calculator, you should enter your best guess of what your income will be in 2021.

Most states: If you have questions about how the health reform law will affect you and your insurance options, please go to Healthcare.gov.

Colorado: If you have questions about how the health reform law will affect you and your insurance options, please visit Connect for Health Colorado.

California: IF you have questions about how the health reform law will affect you and your insurance options, please visit Covered California.

Consumers who make over 100% of the federal poverty line (138% in states with Expanded Medicaid – AZ, CA, OK, UT, VA CO, IL, NE) and meet non-financial criteria may be eligible for Premium Assistance to reduce their monthly premium.

Yes, if you have an income of 400% of the poverty line or higher, a Silver plan premium will now cost no more than 8.5% of your income.

APTC can be applied to any Bronze, Silver, Gold, or Platinum plan, but cannot be applied to Catastrophic plans.

The changes are applicable for both 2021 as well as 2022.

Yes, the new tax credit formula is live and will be applied as you shop for plans.

Yes. The cost of health insurance (your monthly premium) varies by state, and even within regions of a state. This is because of several factors, such as the cost of living and cost of health care services in your area.

Your premium tax credit is tied to the cost of insurance in your area. If you live in a high-cost area, you may be eligible for more financial assistance.

By entering my phone number, I agree that Bright HealthCare and/or a sales agent may call me 8am - 8pm local time M-F, provide me with information about the plan, and answer any questions I may have.

Bright HealthCare is Bright Health Company of North Carolina

Bright Health Company of Arizona is licensed in Arizona. A producer may reach out with more information.