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Wisconsin and the American Rescue Act

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The American Rescue Plan is delivering $3.2 billion dollars to Wisconsin.

Gov. Tony Evers unveiled his plan for investing the $3.2 billion in federal funding Wisconsin received.

The governor's plan includes a $2.5 billion investment in the economic well-being of families, workers, small business owners, and communities across the state. The $2.5 billion investment includes $50 million for the tourism industry, which has been hit hard by the pandemic, and $600 million to help support businesses.

In addition to these investments to ensure Wisconsin's economic recovery, the governor is also proposing a $200 million investment in infrastructure, a significant portion of which will go towards expanding broadband access. Finally, $500 million will go towards continuing statewide pandemic response efforts.

 

Here's a chart of Wisconsin state and local government assistance distribution.

"That's why I'm excited to be able to announce we're going to be investing $2.5 billion from our American Rescue Plan funds into our state's economic recovery and making sure we can bounce back from COVID-19 and better than we were before this pandemic hit,” said Gov. Evers. Gov Evers

The American Rescue Plan makes health insurance more affordable for over 260,000 Washington citizens and millions of Americans.

"People need to be aware of these changes and utilize the benefits," Sen. Tammy Baldwin says.
 

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.

--Licensed benefits brokers standing by to make sure you get every dollar you are entitled to.

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