ACA Subsidies Extended Through 2025 – What This Means for You

The price of everything – from gas to groceries to basic services – has gone up. While the Kansas City metro is insulated from the price increases seen on the coasts, the inflation pain here is real. Any relief will help.

For many individuals covered by an ACA health plan, that relief has come in the form of the Inflation Reduction Act, which extends ACA premium subsidies first granted through the American Rescue Plan (ARP).

What this means for you

If you currently receive a subsidy (aka tax credit) on the Blue KC ACA health plan you purchased through the Marketplace, that support will extend through 2025¹, and your premium payments will continue to be capped at 8.5% of your income.

The act also expands subsidies to middle-income people and families who may have been previously priced out of coverage.

The details

• Subsidies apply to everyone who qualifies and only for ACA plans purchased on the Marketplace.
• The ARP provided enhanced ACA premium subsidies by removing the income cap, which limited subsidies to households with income from 100% to 400% of the federal poverty line.
• ARP subsidies were slated to last through 2022 but now extend through 2025.
• The extension of the subsidies will protect nearly 13 million Americans from health plan cost increases.

More information

• To see what you could save and to enroll in a plan through the Marketplace, visit BlueKCforYou.com.
• Open enrollment is November 1, 2022, to January 15, 2023. Please enroll by December 15 for access to subsidies starting January 1, 2023.
• To learn more about ACA premium subsidies, read Inflation Reduction Act Tax Credits Improve Coverage Affordability for Middle-Income Americans
• As always, please contact Blue KC Customer Service at the number on your member ID card with questions about your current plan or coverage.

¹If you continue to meet the underlying eligibility standards that apply to your subsidy.