GLENVIEW – Starting this month, unemployed Illinoisans in need of health insurance through the ACA Marketplace are eligible for financial assistance, State Senator Laura Fine (D-Glenview) announced Tuesday.
“Every Illinoisan deserves access to quality, affordable health care, and I’m pleased to see President Biden’s American Rescue Plan paving the way for many families to be able to afford health insurance,” Senator Fine said. “Individuals struggling to find employment should take advantage of this special enrollment period to prevent a possible lapse in insurance coverage.”
Thanks to new tax credits made possible by the federal American Rescue Plan, Illinoisans who received, or are approved to receive, unemployment compensation in 2021 may be able to find lower-cost plans and reduce out-of-pocket health insurance premiums when purchasing plans through the ACA Marketplace.
To maximize savings, individuals are encouraged to enroll in coverage on HealthCare.gov before the current special enrollment period closes on Aug. 15. Illinoisans can receive enrollment assistance at GetCoveredIllinois.gov.
“Anyone who has received unemployment income in 2021 should submit a new application or update their existing one,” said Illinois Department of Insurance Acting Director Dana Popish Severinghaus. “You may find that with the advanced premium tax credits, your monthly premium could average $10 or less per month, or even $0.”
More information on the 2021 Special Enrollment Period in Response to COVID-19 for the ACA Marketplace and the American Rescue Plan can be found here.