Ending Cost-Sharing Reduction Payments Will Hurt Older Adults

Federal subsidies, known as cost-sharing reductions (CSRs), have been critical to ensuring that over 2 million lower-income adults ages 50 to 64 who purchase coverage through health insurance Marketplaces can afford health care.[1] Despite the subsidies’ crucial role, the Administration announced yesterday that it will terminate payments for CSRs. The announcement—which comes less than 3 weeks before millions of Americans who buy insurance on the individual market start shopping for 2018 health coverage— is bad news for older adults and people …

Want a Head Start on Getting New Health Insurance?

Where to begin? Come Oct. 1, when the online health insurance marketplaces open for business, that will be the challenge for many people who want to get coverage under the health care law. To get ready for the launch, they can visit the government’s newly revamped HealthCare.gov website. Or they can call the 24-hour call center, which opened June 24. It’s supposed to be able to handle enrollment questions in 150 languages. The website asks a few simple questions, such …