What is a Cost-Sharing Reduction?

Cost-Sharing Reductions (CSR) are available to those with low-to-moderate income who qualify and enroll in a Silver plan through Connect for Health Colorado. Health insurance plans typically require some form of cost sharing (also called out-of-pocket costs) when you receive covered health care services. Cost-Sharing Reductions help you save on these expenses, which are in addition to your monthly premium and come in a variety of forms, including:

  • Copayments: Set dollar amounts for covered services
  • Coinsurance: A percentage of the allowed cost for covered services
  • Deductibles: Set dollar amounts that enrollees must pay before their plan starts to cover the service or a group of services

Learn more about Cost-Sharing Reductions.