Understanding Marketplace plan metal levels

When shopping for health coverage through the Health Insurance Marketplace^®, you will come across terms such as Bronze, Silver and Gold. This is because Affordable Care Act (ACA) health plans are classified into metal levels or tiers.

The metal levels represent different health plan options tailored to fit different budgets and coverage needs and don't reflect the quality of care provided. Priority Health offers plans categorized under Bronze, Silver and Gold, allowing you to choose a plan that meets both your financial and health care needs without compromising on quality.

When balancing health coverage is your priority, helping you weigh your options is ours.

Bronze metal level

The Bronze metal level offers the lowest monthly premiums but the highest costs when you receive care. It's ideal for those who use few medical services but still want coverage. However, Bronze plan deductibles can be very high, meaning you may have to pay a significant amount out-of-pocket before your plan starts covering costs.

• Real-world example: Sarah, a recent college graduate, wants an affordable health plan. Being fairly healthy and not expecting high medical bills, she chooses a Bronze plan with the lowest monthly premiums.

Silver metal level

The Silver metal level offers a balanced approach with moderate monthly premiums and reasonable costs when you need care. If your income qualifies for cost-sharing reductions along with tax credits, a Silver plan can help you save money each time you receive care. It's the most popular choice among Marketplace shoppers.

• Real-world example: Jessica qualifies for a cost-sharing reduction and opts for a Silver plan. This allows her to save money while getting the most value from her coverage, with moderate premiums and costs for medical care.

Gold metal level

The Gold metal level involves higher monthly premiums but lower costs when you receive care. This option is great for those who frequently use medical services.

• Real-world example: Anthony, who manages multiple health issues, needs extensive medical services. He chooses a Gold plan to lower his costs when receiving care, despite the higher monthly premiums.

Platinum metal level

You may see that some Marketplace carriers offer Platinum plans, which have the highest monthly premiums but the lowest costs when you receive care. This plan is suitable for those expecting to need a lot of health care. Priority Health does not offer Platinum plans.

Learn more

For help choosing a plan that's right for you, take our plan advisor quiz. Answer a few questions to see which Individual and family health plan might be best for you. You'll also have the opportunity to sign up for free information about individual health coverage, important reminders about deadlines, and guidance on how to apply and enroll for coverage.