"Hard-working Americans are facing severe economic challenges due to this pandemic, and we ought to help them get the affordable, quality health coverage they deserve. I'm proud to see our legislation included in these historic relief efforts so we can expand benefits to those most affected by this public health crisis," said McBath. "As a two-time breast cancer survivor, access to quality health care is very personal to me, and I want to thank
"This pandemic impacted every single one of us, but it turned life upside down for people who found themselves out of work as a result. Americans across the country suddenly lost or were unable to afford their health insurance due to circumstances outside of their own control," said Sanchez. "Starting this month, those receiving unemployment benefits may receive new financial assistance so they can access quality, affordable health care. I am proud to have worked with
The ongoing COVID-19 pandemic and economic crisis have caused devastating mass layoffs and major adjustments to the workforce.
The legislation amends the Internal Revenue Code of 1986 to apply a premium tax credit for those who are unemployed in 2021. The premium tax credit - also known as PTC - is a refundable credit that helps eligible individuals and families cover the premiums for their health insurance purchased through the
Additionally, Americans can continue to apply for coverage, compare plan offerings, or learn if they qualify for more affordable premiums by visiting HealthCare.gov through