HHS Expands Eligibility for Catastrophic Health Insurance Plans – The Presidential Prayer Team

CMS broadens access to catastrophic plans

Enrollees of any age will be able to purchase catastrophic individual healthcare coverage, under new guidance from CMS, provided they meet certain income criteria. The plans, which feature the lowest premiums and highest out-of-pocket cost, were previously limited to enrollees younger than 30. Now they will be available to consumers of any age who are ineligible for advance payments of the premium tax credit (APTC) and cost-sharing reductions (C…

HHS Expands Eligibility for Catastrophic Health Insurance Plans – The Presidential Prayer Team

The move is to help mitigate potential losses of coverage after Congress reduced Medicaid funding. The Department of Health and Human Services (HHS) has announced that it will…