How much are the cost-sharing subsidies?

That depends on your income and where you live. To give a general idea, a typical Silver plan might have an annual deductible of $2,000 to $3,000 and an annual out of pocket limit on all cost sharing of $6,350. But if your income is between 100% and 150% of the federal poverty level,  the cost sharing reductions will modify a Silver plan so that the annual deductible might be closer to $0 and the annual out of pocket limit on all cost sharing would be no more than $2,250.

If your income is between 150% and 200% of the federal poverty level,  the cost sharing reductions will modify the Silver plan so that the annual deductible might be around $500 and the annual out-of-pocket limit would be no more than $2,250.

If your income is between 200% and 250% of the federal poverty level,  the cost sharing reductions will be more modest. At this income level, your annual out-of-pocket limit will be reduced to no more than $5,200.

Check the Marketplace website for more information about cost sharing reductions in Silver plans in your area based on your level of income.

Posted in: Cost-Sharing Reductions