
What Is a Cost-Sharing Reduction? – Anthem BCBS Supplemental Program
Cost-sharing reductions aren’t as common as premium tax credits, but you could be missing out on some major savings if you aren’t taking advantage of them.
Also known as “extra savings,” cost-sharing reductions are a way to save on health care costs outside of your monthly premium. They provide a discount on deductible costs and copays, and they ultimately lower your out-of-pocket maximum for the plan year. So, if your copays for primary care visits are usually $40, a cost-sharing reduction cou