The effects of terminating payments for cost-sharing reductions

The effects of terminating payments for cost-sharing reductions

Collection:
Health Policy and Services Research
Contributor(s):
United States. Congressional Budget Office, issuing body.
Publication:
Washington, D.C. : Congressional Budget Office, 2017
Language(s):
English
Format:
Text
Subject(s):
Cost Sharing -- economics
Deductibles and Coinsurance -- economics
Health Insurance Exchanges -- economics
Insurance Coverage -- statistics & numerical data
United States
United States.
Genre(s):
Technical Report
Abstract:
The Affordable Care Act (ACA) requires insurers to offer plans with reduced deductibles, copayments, and other means of cost sharing to some of the people who purchase plans through the marketplaces established by that legislation. The size of those reductions depends on those people's income. In turn, insurers receive federal payments arranged by the Secretary of Health and Human Services to cover the costs they incur because of that requirement. At the request of the House Democratic Leader and the House Democratic Whip, the Congressional Budget Office and the staff of the Joint Committee on Taxation (JCT) have estimated the effects of terminating those payments for cost-sharing reductions (CSRs). In particular, the agencies analyzed what would happen under this policy: By the end of this month, it is known that CSR payments will continue through December 2017 but not thereafter.
Copyright:
The National Library of Medicine believes this item to be in the public domain. (More information)
Extent:
1 online resource (1 PDF file (14 pages))
NLM Unique ID:
101711356 (See catalog record)
Permanent Link:
http://resource.nlm.nih.gov/101711356