.CMSgov extends hundreds of millions of dollars in American Rescue Plan funding to Minnesota and New York for its Basic Health Program (BHP), increasing their ability to provide health coverage to more individuals.
Thanks to an updated formula for calculating federal payments, Minnesota & New York will receive an estimated $850 million in additional funding in 2022, as well as added funds for 2020 and 2021.
“Thanks to the American Rescue Plan, we are making increased investments to protect health coverage access for vulnerable Minnesotans and New Yorkers,” said Health and Human Services Secretary Xavier Becerra. “MinnesotaCare and New York’s Essential Plan are strong examples of the Biden-Harris Administration working hand-in-hand with states to help more Americans realize the peace of mind that comes with health coverage.
Section 1331 of the Affordable Care Act gave states the option to establish a BHP, a coverage program for residents whose income is above levels that would otherwise make them eligible for Medicaid and CHIP. Through BHPs, states can provide coverage to low- and moderate-income individuals and families who do not qualify for Medicaid, CHIP, or other minimum essential coverage.
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