The American Rescue Plan, which was signed into law on March 11, 2021, lowers health care costs by providing new and expanded financial assistance to New Yorkers enrolling in health insurance through NY State of Health. This enhanced assistance is available now to current enrollees and new enrollees, including to higher-income individuals for the first time.
President Biden’s signing of the Inflation Reduction Act in August 2022 allows New Yorkers to continue to receive expanded financial assistance for health insurance under the American Rescue Plan Act.
The information on this page is organized into six sections. Click the section from the following list to learn how the American Rescue Plan can help you:
You can also learn more by calling the NY State of Health Customer Service Center at 1-855-355-5777, or by speaking with an Enrollment Assistor. To enroll now or update your information, click here.
Learn how the American Rescue Plan is benefitting New Yorkers across the state in the March 2022 Health Insurance Coverage Update.
Existing enrollees are getting larger tax credits. Low and moderate-income individuals (income up to $51,040 for an individual and $104,800 for a family of four) who were previously eligible for tax credits are now eligible for higher tax credits. NY State of Health automatically applied the higher tax credit without the enrollee needing to take any action. Enrollees have the opportunity to make changes by logging into their NY State of Health Account, contacting an Enrollment Assistor, or calling NY State of Health at 1-855-355-5777.
If you have questions, you can get help:
The rules for financial assistance have changed to make more assistance available to individuals at low, moderate and higher income levels. This new federal financial help is available to people who purchase health coverage through NY State of Health to lower the cost of health insurance premiums.
If you were told you are already eligible for financial help, the new American Rescue Plan is providing more help to lower monthly premium costs and make health coverage more affordable than ever.
If you were previously told that you were not eligible for financial help, log back into your application to see if you are now eligible.
There are three ways to shop for and select a plan:
Higher-income individuals are eligible for new, expanded financial assistance through the American Rescue Plan for the first time. Now is the time to shop for a NY State of Health plan and enroll in coverage.
More individuals and families now qualify for financial help. Before the American Rescue Plan, tax credits were not available to individuals earning more than $51,040 and a family of four earning more than $104,800. Through the American Rescue Plan, higher-income individuals and families are now eligible for the tax credits. The law is designed so that no one will pay more than 8.5% of their income toward the benchmark plan available in their county.
The enhanced federal tax credits are only available if you purchase coverage through NY State of Health. Apply as soon as possible to get covered.
There are three ways to shop for and select a plan:
The rules for financial assistance have changed to make help available to higher income levels and more federal financial assistance is now available for most enrollees. If you were told you were not eligible for premium tax credits based on your income, you may be eligible now.
More individuals and families now qualify for financial help. Before the American Rescue Plan, 2021 tax credits were not available to individuals earning more than $51,040 and a family of four earning more than $104,800. Through the American Rescue Plan, higher income individuals and families are eligible for the tax credits. The law is designed so that no one will pay more than 8.5% of their income toward the benchmark plan available in their county.
This new financial assistance is available now. If you are eligible, we will send you a letter stating your new tax credit amount.
If you have questions, you can get help:
The American Rescue Plan also helps NY State of Health enrollees who received tax credits in 2020 to lower the cost they paid each month.
Although the benefit for individuals who have received Unemployment Insurance in 2021, which gives them access to the maximum amount of APTC and CSR is ending, the American Rescue Plan also made available to consumers enhanced tax credits that will remain through 2022. Thanks to this enhanced financial assistance, New Yorkers will continue to see lower monthly health insurance premiums. The amount of financial assistance consumers will receive depends on their household income, household size, where they live, and who in the household is enrolling in coverage.
