marketplace cost sharing reductions
With the premium credit, he could get a silver plan by paying $121 per month of his own money, with the credit taking care of the remaining cost of getting the health insurance. With the cost-sharing reduction, he is able to get a plan with a deductible of $250.The plan also caps his out of pocket costs for in-network, covered benefits at $2,000 for the year. If John picks a bronze plan, he would pay nothing toward the premium because his premium credit covers the entire cost.he gold plan has an actuarial value of 80 percent (with, say, a $600 deductible and $25 physician-visit copayments), while the cost-sharing reduction John can get would make an 87 percent actuarial value plan available to him (with a $250 deductible and $15 physician copayments in our example).