ObamaCare Subsidies Expanded For Unemployed Starting July 1

Unemployed Americans get expanded subsidies under the latest COVID relief bill starting July 1st and continuing for the rest of the year.

The new bill allows anyone who receives or is approved to receive unemployment during the year to get a health plan for as little as $0 a month after assistance (based on benchmark silver plans).

People have until August 1st 2021 to sign up due to a previous extension by the Biden Administration. Meanwhile, those who lose their jobs can enroll via special enrollment and those who already have coverage can apply for increased subsidies by updating their information in their marketplace account.