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One little publicized bit in the American Rescue Plan relates to ACA subsidies.

Actually, there are two little publicized bits in the ARP relating to ACA subsidies. As you indicated, for 2020, all repayments of subsidies are eliminated.

In addition, for 2021 and 2022, the cap of 400% of FPL to be eligible for a subsidy is removed, and the subsidies are increased, so that the cost of insurance will be no more than 8.5% of income as premiums (previously the subsidy only covered the premium amount over 9.5% of your income if you made 300% - 400% of the FPL, and you got no subsidy for over 400% of FPL). The premiums for lower levels of FPL are also decreased as a percent of income. This nugget is in Section 9661 of the ARP, or you can read about it on Kitces' blog https://www.kitces.com/blog/the-american-rescue-plan-act-of-...

AJ
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