GLOSSARY · RETIREMENT WITHDRAWALS & EARLY ACCESS
Cost-sharing reductions (CSR)
Extra help for Marketplace buyers with household income from 100% to 250% of the federal poverty line who choose a silver plan. The plan's deductible, copays and out-of-pocket maximum are lowered at no extra premium, raising its actuarial value from about 70% to 73%, 87% or 94% depending on income. It is separate from, and comes on top of, the premium tax credit.
Also called: CSR, extra savings on silver plans, enhanced silver
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CHAPTER · HEALTH INSURANCE OPTIMIZATION · DEEP DIVEBuying Coverage on the ACA MarketplaceRELATED TERMS
SOURCES
- Cost-sharing reduction (glossary). HealthCare.gov, Centers for Medicare & Medicaid Services.
- 42 U.S.C. §18071, Reduced cost-sharing for individuals enrolling in qualified health plans. U.S. Code.