Full Circle: The HHO Blog

How The American Rescue Plan Improves Our Social Safety Net

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Designed as both relief and stimulus, a significant portion of the already approved $1.9 trillion American Rescue Plan represents injection into the country’s social safety net programs.

These include:

Community Assistance From The American Rescue Plan

At the community level, the $350 billion relief fund for states and local governments offers rural places a chance to mitigate the effects of the pandemic while laying the groundwork for future development efforts. Of the $65.1 billion set aside for counties, $15.33 billion—over 23 percent—will go to non-metropolitan counties.

Rural towns, municipalities, and townships will not fare as well out of the other $65.1 billion directly committed to city governments and local jurisdictions. While $19.5 billion is reserved for smaller jurisdictions—that is, non-county governments with a population less than 50,000—most of these will be within the boundary of a metropolitan area.

What Program Means The Most To You?

The American Rescue Plan makes health insurance more affordable for millions of Americans.

A Kaiser Family Foundation analysis estimates that 92% of people who buy their own health insurance will qualify for a subsidy. Its findings also indicate that 1.4 million uninsured people are now newly eligible for the subsidized marketplace coverage.

Kaiser pegs the average savings as ranging from $33 a month for those with incomes under 150% of the poverty level to $213 a month for those with incomes between 400% and 600% of the federal poverty level.

Estimates by the Centers for Medicare & Medicaid Services (CMS) say premiums after the new savings will decrease, on average, by $50 per person per month, or $85 per policy per month. Four out of five enrollees should be able find a plan for $10 or less a month after premium tax credits, CMS says, and more than 50% will be able to find a “Silver” (or mid-level) plan for $10 or less.

Get your maximum health insurance subsidy. --90% of applicants are entitled to additional subsidies!

--Less than 5 minutes to see how much you will save each year.

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