Skip to main content

Scam Alert: Official Marketplace Health Plans NEVER Charge An Enrollment Fee For Submitting An Application.

Back to Guide

Metal Plan Coverage

Learn how to pick the right health insurance plan for your needs and budget.

Plan Categories (The "Metal" Categories)

Plans in the Marketplace are presented in 4 "metal" categories: Bronze, Silver, Gold, and Platinum. These categories show how you and your plan share costs. They have nothing to do with quality of care.

Catastrophic Plan

Very low monthly premium, covers essential health benefits after you meet a very high deductible. Designed for worst-case scenarios.

Eligibility Requirements:

  • • Must be under 30 years old, OR
  • • Have a hardship exemption or affordability exemption

Note: You cannot use premium tax credits with catastrophic plans. Best for healthy young adults who want protection against worst-case scenarios.

Bronze

Monthly Premium: Lowest

Care Costs: Highest

Lowest monthly premium, highest costs when you get care.

Silver

Monthly Premium: Moderate

Care Costs: Moderate

Moderate monthly premium, moderate costs when you get care.

Gold

Monthly Premium: High

Care Costs: Low

High monthly premium, low costs when you get care.

Platinum

Monthly Premium: Highest

Care Costs: Lowest

Highest monthly premium, lowest costs when you get care.

💡 Helpful Hint: Cost-Sharing Reductions (CSR)

If your household income is between 100% and 250% of the Federal Poverty Level, you may qualify for Cost-Sharing Reductions - extra savings that lower your out-of-pocket costs when you get care.

CSRs are ONLY available with Silver plans and can:

  • Lower your deductibles (the amount you pay before insurance kicks in)
  • Reduce your copayments and coinsurance (what you pay at each visit)
  • Lower your out-of-pocket maximum (the most you'd pay in a year)

Important: Even if a Gold or Platinum plan seems better, Silver plans with CSRs often provide the best value for eligible individuals and families. Speak with a licensed agent to see if you qualify!

Important: All metal tier plans cover the same essential health benefits. The difference is only in how costs are shared between you and the insurance company.