We Can Help You Stay Covered
Connect to Coverage with Huge Savings!
In 2021, the American Rescue Plan Act (ARP) was signed by President Biden to help Americans during the ongoing COVID-19 pandemic. This federal law ensures that most HealthSource RI (HSRI) customers may receive additional financial help to make their health coverage more affordable. This means that you may be eligible to see huge savings on your health coverage. You may even qualify for no-cost coverage through Medicaid.most HSRI customers will see a decrease in their monthly coverage costs.
Most customers who are already receiving tax credits/financial help each month to reduce your monthly coverage cost may receive even more financial help. The ARP also increases the income limit on who can qualify for tax credits. This means that if you were not eligible to receive financial help in the past, you may now be eligible.
Example of Possible Financial Help
Examples based on 2021 premium for the second lowest cost silver plan on HSRI.
| Monthly Premiums for a 30-year-old | |||
| FPL % | Annual Income | ACA | American Rescue Plan |
| 140% | $ 18,000.00 | $52.90 | $0.19 |
| 233% | $ 30,000.00 | $192.98 | $83.11 |
| 349% | $ 45,000.00 | $310.22 | $271.48 |
| 466% | $ 60,000.00 | $310.22 | $310.221 |
| Monthly Premiums for a 45-year-old | |||
| Annual Income | ACA | American Rescue Plan | |
| 140% | $ 18,000.00 | $52.93 | $0.24 |
| 233% | $ 30,000.00 | $193.03 | $83.16 |
| 349% | $ 45,000.00 | $368.86 | $271.53 |
| 466% | $ 60,000.00 | $394.67 | $394.671 |
| Monthly Premiums for a 60-year-old | |||
| Annual Income | ACA | American Rescue Plan | |
| 140% | $ 18,000.00 | $53.14 | $0.44 |
| 233% | $ 30,000.00 | $193.24 | $83.36 |
| 349% | $ 45,000.00 | $369.07 | $271.44 |
| 466% | $ 60,000.00 | $741.78 | $425.44 |
1 No premium reduction because the cost of coverage is lower than the 8.5% of income affordability protection.
Lost Your Employer-Sponsored Coverage?
If you recently lost, or anticipate losing, your employer-sponsored health coverage, HealthSource RI (HSRI) may be able to help you stay covered!
You can sign up for health coverage within 60 days of losing health coverage through your job. For instance, if you lost your job and health benefits on April 1, 2022, you would have until May 30, 2022 to enroll in health coverage through HSRI. Remember: health coverage is required in the state of Rhode Island. It’s important to both get covered and stay covered all throughout the year to avoid a penalty when filing your tax returns.
Don’t delay – get a quick quote today and see what financial help you may qualify for!
If you have questions about coverage through HealthSource RI, or need help enrolling in coverage, there is more than one way to connect to support. You can:
- Attend one of our virtual Info Sessions and learn more about HealthSource RI, including how to enroll and what financial help you may be eligible for. For a full calendar of our events, CLICK HERE.
- Call 211 to connect with a Navigator for 1-on-1 enrollment support via phone, Zoom, or in-person. Navigators speak multiple languages and are available across Rhode Island.
- Make an appointment with a Navigator for 1-on-1 virtual enrollment support. CLICK HERE to reserve your appointment in advance.
- Use our live web chat (available in English and Spanish). Simply click on the blue “Chat with us” bubble in the bottom-right anywhere on our website.
- Call HealthSource RI at 1-855-840-4774. Our call center and live web chat are available Monday – Friday 8am – 6pm EST.
HealthSource RI for Employers connects you with health and dental insurance from these companies:
