CBO To Release Analysis This Week On Effects Of Ending Cost-Sharing Reduction Subsidies
President Donald Trump repeatedly has vowed to cancel the payments that help low-income people pay for deductibles and copayments when they buy insurance on the health law marketplaces.
The Hill:
CBO To Release Analysis Of Ending Key ObamaCare Insurer Payments
The nonpartisan Congressional Budget Office (CBO) will release an analysis next week detailing the effects of ending key ObamaCare insurer payments. The CBO announced Friday the score would be released next week. President Trump has threatened to cancel the payments, known as cost-sharing reductions, which reimburse insurers for giving discounted deductibles and copays to low-income people. (Hellmann, 8/11)
Modern Healthcare:
CBO To Weigh In On Cost-Sharing Reduction Payments
A new healthcare must-read will hit everyone's summer list this week. That's when the Congressional Budget Office is set to release a report detailing what could happen to insurance markets if the federal government stops making cost-sharing reduction payments. The payments, part of the Affordable Care Act, reimburse insurers for limiting deductibles and copays to individual customers with incomes of less than $29,700, or 250% of the poverty level. Premiums for the plans those customers buy do not cover the cost of the generous benefits. (Lee, 8/12)
