Health Insurance Enrollment Period Extended Through 2021
March 31, 2021The enrollment period to sign up for health insurance through Get Covered New Jersey, the state’s official health insurance marketplace, has been extended until the end of the year, so that more residents can take advantage of new financial help available under the American Rescue Plan Act.
The American Rescue Plan was passed by Congress and signed by President Biden on March 11, 2021, expanding subsidies to ensure Americans have access to affordable health coverage during the global health crisis. The new law ensures that no family spends more than 8.5 percent of their income on health insurance premiums. This makes coverage more affordable at many income levels by removing the income cap for financial help.
Residents who did not qualify for financial help before because their income was too high may qualify under the federal changes. If they already receive financial help, they will likely be eligible for additional premium reductions. Individuals who receive unemployment insurance in 2021 will also receive additional financial help.
Residents who need health insurance now can compare plans and shop for coverage at GetCovered.NJ.gov, the state’s official health insurance marketplace.