“The American Rescue Plan, signed into law by President Biden on March 11, includes critical relief to older adults in need as the nation continues to recover from the coronavirus pandemic. Nearly 30 million Americans have contracted COVID-19, with the death toll now surpassing 532,000. Eight in 10 deaths reported are adults aged 65+.
Key Takeaways
- The American Rescue Plan includes important provisions that will help older adults get the supports they need at home and boost their financial security.
- The $1.9 trillion relief package also includes health care improvements that will make it easier for adults aged 55 to 65 to afford care.
- NCOA has championed many key provisions in the bill to increase funding, including for nutrition programs and community services.
“The $1.9 trillion relief package is a step forward in ensuring resources are targeted to the most vulnerable. The law is expected to contribute to greater economic stability—potentially reducing the adult poverty rate by more than a quarter and the child poverty rate by half. Below you’ll find a summary of the final package, including several of NCOA’s priorities.”