I heard the cost sharing reduction payments might end. Does that mean I won’t be able to get this help?
No. Cost sharing subsidies will continue to be available in the Marketplace. By law, insurers offering coverage on the Marketplace are still required to offer cost sharing reductions to consumers with income between 100% and 250% of the poverty level. The federal government then reimburses insurers for the cost of this subsidy. The President announced he will end cost sharing reduction reimbursements to health insurance companies starting in October 2017. Anticipating that might happen, many insurance companies increased premiums for 2018 to offset this lost reimbursement. Those that did not raise premiums could lose money on cost sharing reduction plans, but they are not allowed to deny you this benefit.