Statement on Trump Administration's decision to end CSR payments

Yesterday, the White House press office released an announcement stating the Administration will no longer reimburse insurers for cost-sharing reductions (CSRs).

This is causing confusion for many enrolled in the Marketplace. Customers who have reduced cost-sharing through the Marketplace should not see an immediate impact. Insurers are weighing several options and have been anticipating this move from the Trump Administration for some time, as you can see from this article released in August: http://bit.ly/2wdIU74

HHS also released a statement. You can read it here: http://bit.ly/2g7LZin

We will continue to watch for future developments and keep you updated as necessary.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

News Type: 
Compliance Corner