Pennsylvania said 110,000 new residents qualify for financial assistance when buying health insurance in the state-run marketplace thanks to an expansion of credits under the $1.9 trillion American Rescue Plan.
The congressional aid package increases premium tax credits for all income levels in 2021 and 2022, the Department of Health said Tuesday, resulting in plan savings for 270,000 existing Pennie customers. Some lower income enrollees will see premiums shrink to zero.
“Overall, these savings provide a huge opportunity for many in Pennsylvania,” Pennie Executive Director Zach Sherman said. “If you ever thought that health insurance was out of your reach or something you could never