How do PTCs and CSRs compare?
Factors | PTC | CSR |
---|---|---|
Can they be used to pay for: | ||
Premiums | ||
Deductibles | ||
Copays | ||
Coinsurance | ||
How the financial assistance is applied: | ||
Money sent directly to the insurer every month to lower the premium |
| |
Money sent to the insured individual in one lump sum once their annual taxes have been filed |
| |
Discounts given by the insurer to lower an individual's out-of-pocket costs | ||
Can they be used for the following QHP categories? | ||
Platinum | ||
Gold | ||
Silver | ||
Bronze | ||
Reconciled at the end of the year? |
Sources
Date of Publication
Date Last Reviewed
Source