The voluntary program allows states to offer health coverage to residents who are not eligible for Medicaid, the Children’s Health Insurance Program or affordable employer-sponsored coverage and who have household incomes between 133 and 200 percent of the federal poverty level.
The methodology used in 2015 will be adopted and used in 2016, along with updated values for several factors.
View CMS’ final notice containing the full methodology for 2016 here.
More articles on healthcare finance:
Community Health System Q4 profit jumps $72M amid rising patient volumes
Memorial Healthcare System’s CFO on changing the definition of ‘success’ in healthcare
Healthcare researchers call for CMS to be more transparent with data release
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.