More than 2 million public exchange enrollees eligible for cost-sharing reductions are not receiving the subsides because they selected a non-qualifying plan, a recent analysis from consultancy Avalere has found. The oversight could have been avoided with better decision-making tools and the help of trusted advisers, benefit experts agree.
These cost-sharing reductions are in addition to the more publicized tax credits. The cost-sharing reduction only applies to plans in the silver metal level status and are for enrollees with incomes between 100% and 250% of the federal poverty level ($11,770-$29,425.)
