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Cost-Sharing Reduction (CSR)

A provision in the Affordable Care Act that lowers the amount an individual pays out-of-pocket for deductibles, coinsurance, and copayments. Individuals can qualify if they are enrolled in a Silver plan through the exchange and have income that is below 250 percent of the Federal Poverty Level.

Out-of-Pocket Maximum

A cap on the amount of money per year that individuals might pay for health care costs, excluding the premium cost. All costs above the…