Temporary policy for premium reductions announced by CMS

Effective Aug 13, 2020

Published Aug 13, 2020

Last Reviewed Aug 13, 2020

CMS has announced a policy allowing issuers to offer temporary premium reductions for those with 2020 coverage in the individual and small group markets.

This is part of the agency’s efforts to facilitate the nation’s response to the COVID-19 public health emergency (PHE) and provide some additional flexibility to help ensure that consumers struggling to pay their premiums can continue to be covered and receive the care they may need during this time, CMS stated in a press release.

For more information or to view the press release, visit https://go.cms.gov/2Xzh0Sd.

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