CBO Estimates Impact of Ending Cost-Sharing Reduction Payments

John GarnerCompliance, Resources

The Congressional Budget Office (CBO) has estimated that ending cost-sharing reductions would increase medical insurance premiums for silver plans in the marketplaces by 20%.

The Affordable Care Act 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.

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