An overlooked part of the relief bill: expanded ObamaCare subsidies. Those will become available April 1, Biden officials say

Additional financial assistance to help ObamaCare enrollees afford their health insurance premiums will become available starting April 1, the Department of Health and Human Services (HHS) announced Friday.

The additional subsidies are part of the American Rescue Plan that President Biden signed into law Thursday.

The extra financial assistance will help lower premium costs for millions of ObamaCare enrollees.

Premiums will now be capped at the maximum of 8.5 percent of income, down from about 10 percent. People who make more than 400 percent of the federal poverty level, about $100,000 for a family of four, will become eligible for financial assistance for the first time, helping prevent them from having to pay full freight for their plans.

Complicated logistics: People who already have ObamaCare coverage this year will need to go back to healthcare.gov after April 1 and update their applications to be able to get the additional financial help. If people do not update their applications, they will need to wait until next spring when they file their taxes to be able to get the extra money.