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 Insurance, Health -- statistics & numerical data Budgets Federal Government Income Tax Poverty Humans 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