April 8, 2021

Vermonters

American Rescue Plan cuts health insurance costs for thousands of Vermonters

A hospital bill from the University of Vermont Medical Center. Photo by Mike Dougherty/VTDigger

The American Rescue Plan will save millions of dollars for Vermonters who buy health insurance on the state exchange, according to officials. 

The newly enacted federal stimulus package dramatically expands access to tax credits that subsidize health insurance, effectively cutting the cost of health care for thousands of Vermont residents across nearly every income level.

“The big message I think for Vermonters is that this is a really good thing,” said Addie Strumolo, deputy commissioner for the Department of Vermont Health Access.

The law caps the

Read More