ACA subsidies available to unemployed Americans July 1

President Joe Biden announced June 29 that unemployed Americans will be receiving significant subsidies for ACA coverage starting July 1, according to CNN.

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Part of the March rescue package, the subsidies allow those collecting unemployment benefits to pay as little as $0 in monthly policy premiums — with the silver plan being the baseline — following federal assistance.

CNN reports that after subsidies, three out of five eligible uninsured Americans can receive $0 plans and four out of five ACA customers can select a policy for $10 or less a month.

Those who are uninsured can enroll at HealthCare.gov while those who are insured should check with their marketplace.

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