Underwood Hosts Virtual Series with Get Covered Illinois, DuPage Health Coalition, Family Health Partnership Clinic and the Kaiser Family Foundation to discuss Health Care Savings in the American Rescue Plan
WEST CHICAGO—Today, Congresswoman Lauren Underwood (IL-14) hosted a series of three virtual conversations with health care experts and community organizations to discuss health care savings available to Illinois families through the American Rescue Plan. These videos will help Illinoisans understand how the new law lowers Marketplace health plan costs for them and their families. In the first conversation, Underwood speaks with Cynthia Cox, Vice President, Kaiser Family Foundation (KFF), who explains the ways in which the American Rescue Plan makes health care more affordable. In the second conversation, Underwood speaks with Kara Murphy, President, DuPage Health Coalition, and Suzanne Hoban, Executive Director, Family Health Partnership Clinic to discuss how this new law will help families in northern Illinois. In the third conversation, Underwood speaks with Brian Gorman, Director of Outreach and Education, Get Covered Illinois, who shares how Illinoisans can take action between now and August 15 to reduce their Marketplace insurance premiums or sign up for a new plan with lower premiums than ever on the Health Insurance Marketplace.
“Since day one in Congress, I’ve been committed to lowering out-of-pocket health care costs. My Health Care Affordability Act, as included in the American Rescue Plan, will make Marketplace health plan premiums lower than ever for over 290,000 Illinoisans. To see savings right away, Illinoisans are going to need to take action. I encourage Illinoisans to learn about the steps they can take to access new savings by watching the series of informative conversations I released today,” said Rep. Underwood.
Underwood’s video series on the American Rescue Plan and health care can be found here.
Underwood’s provision in the American Rescue Plan lowers costs and expands coverage to ensure individuals and families have access to affordable care during the COVID-19 pandemic. The provision addresses the high cost of health insurance premiums in the United States by:
- Increasing the generosity of premium tax credits across all income levels, eliminating premiums for people at the lowest income levels and reducing premiums for millions of Americans;
- Expanding eligibility for premium tax credits to people with incomes above 400% of the federal poverty level (FPL), guaranteeing that anyone who buys Marketplace insurance can purchase a plan for 8.5% of their income or less;
- A family of four making $110,000 per year in Illinois' 14th Congressional could save more than $7,500 per year on health care premiums.