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• A discount that lowers the amount you have to pay out-of-pocket for deductibles, coinsurance, and copayments. You can get this reduction if you get health insurance through the Marketplace, your income is below a certain level, and you choose a health plan from the Silver plan category (See Health Plan Categories). If you're a member of a federally recognized tribe, you may qualify for additional cost-sharing benefits.
  U.S. Centers for Medicare & Medicaid Services - Cite This Source - This Definition
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  Cite Definition for Cost Sharing Reduction

  American Psychological Association (APA)

  Cost Sharing Reduction. (n.d.). HealthCare.gov Glossary. Retrieved January 29, 2023, from website: http://www.expertglossary.com/definition/cost-sharing-reduction.

  Chicago Manual of Style (CMS)

  Cost Sharing Reduction. HealthCare.gov Glossary. U.S. Centers for Medicare & Medicaid Services. http://www.expertglossary.com/definition/cost-sharing-reduction (accessed: January 29, 2023).

  Modern Language Association (MLA)

  "Cost Sharing Reduction." HealthCare.gov Glossary. U.S. Centers for Medicare & Medicaid Services. 29 January. 2023 http://www.expertglossary.com/definition/cost-sharing-reduction.

• Browse Related Terms: Bronze Health Plan, Cost Sharing Reduction, Gold Health Plan, Health Plan Categories, Platinum Health Plan, Silver Health Plan