Governor Dan McKee, together with HealthSource RI (HSRI), announces that his FY2023 budget and State Fiscal Recovery Fund spending plan includes an initiative to help many Rhode Islanders as they transition from the state’s Medicaid program to commercial health coverage through HSRI.
This initiative would enable HSRI to automatically transition some Rhode Islanders into a Qualified Health Plan (QHP) with financial support to cover the first month’s premium costs provided by the State of Rhode Island’s federal American Rescue Plan Act (ARPA) resources. This support, combined with the already available and historically high level of tax credits made possible by ARPA, will help keep health coverage accessible.
“Rhode Island is a national leader in health coverage, with over 96 percent of our state insured. This initiative is critical to ensure Rhode Island’s families continue to have access to quality health coverage during these challenging times,” said Governor McKee. “I believe in this initiative, which will remove barriers and keep families across Rhode Island connected to health coverage and the financial support that makes it more affordable.”
Original source can be found here.
