Originally published by NBC–
More than 100,000 people in Connecticut will soon be paying a lot less for health insurance.
The state will receive $85 million dollars from the American Rescue Plan to help lower monthly premiums.
“My family currently pays over $1,300 a month for health insurance,” said Rod Yearwood, of West Hartford.
Yearwood says that amount will now be around $20 per month with the additional subsidies.
“We could also save money for retirement. We could also save money in terms of paying off additional bills and also help our daughters with their college education,” Yearwood said.
Rep. John Larson says the goal of the American Rescue Plan was to put vaccines in people’s arms and money in people’s pockets.
“Having health is always important and to reduce premiums to people who now are going to be able to spend that money, as Mr. Yearwood said, for the kids he’s trying to help get through college,” Larson said.