Cost-sharing Reduction Program

A discount that lowers the amount you have to pay out-of-pocket for deductiblescoinsurance, and copayments. You can get this reduction if you get health insurance through HealthSource RI, your income is below a certain level, and you choose a health plan from the Silver plan category (See Health Plan Levels). If you're a member of a federally recognized tribe, you may qualify for additional cost-sharing benefits.

Glossary Topic:

Audience:

Node Weight: 
0

Healthcare Words Category:

Healthcare Reform Glossary: 
Yes