COBRA Subsidies, Tax Credits Floated To Help Displaced Workers

With millions of Americans laid off or facing reduced hours, wide-ranging stakeholders have floated several proposals aiming at ensuring loss of employment does not equate to loss of insurance coverage. Options include fully subsidizing COBRA plans, increasing the generosity of the Affordable Care Act tax credits, and, most recently, expanding the existing health care tax credit program to include workers displaced due to COVID-19. America’s Health Insurance Plans, Blue Cross Blue Shield Association and Alliance of Community Health Plans (ACHP),...