HHS Memo Ending Cost Sharing Reduction Payments For Silver-Level Health Insurance Marketplace Plans
On October 12, 2017, the Secretary of Health and Human Services (HHS) sent this letter to the Centers for Medicare & Medicaid Services. The letter contains a legal opinion regarding cost sharing reduction (CSR) payments made to issuers of qualified health plans. Specifically, it calls for the end of CSR payments for silver-level Health Insurance Marketplace plans. CSR payments reduce out-of-pocket costs for low-income consumers who purchase silver-level health insurance plans through the Health Insurance Marketplace . . .