Anyone who has received at least one week of unemployment insurance (UI) compensation in 2021 will be eligible for a special premium tax credit under the American Rescue Plan.
Covered California is adding the UI benefit automatically for qualifying members enrolled in a plan on the Exchange starting June 21, 2021. Covered California will add the additional subsidies to any existing members who have reported collecting UI benefits for at least one week in 2021. This means some members could pay as little as a $1 monthly premium for a Silver on-Exchange plan.
Consumers must report UI benefits on their Covered California application to receive this benefit. If you have clients who received UI benefits in 2021, make sure you review the income section of their application to verify that the amounts are correct, and the dates indicate the UI benefits were received during the 2021 benefit year.
Please contact your Anthem representative for more information.