Health Insurance Plan Comparison

Health Insurance Reform has standardized the names, descriptions as well as content of health insurance plans in order to make them more understandable. As is illustrated below, all of the Plans contain the same range of covered health benefits. Their difference is based on their Out-of-Pocket amount (deductible, coinsurance and copayment) as well as Insurance Premium. Platinum Plan has the lowest Out-of-Pocket, but at the same time, it is the most expensive. The Plans also differ in their ability to "accept" health insurance subsidies.


  Platinum Plan Gold Plan Silver Plan Bronze Plan Catastrophic Plan
  Platinum Gold Silver Bronze Catastrophic

Cost

         
($$$$$ - expensive, $ - cheap)          
Premium $$$$$ $$$$$ $$$ $$ $
Out-of-Pocket $ $$ $$$ $$$$ $$$$$

Subsidy

         
Premium  
Cost-Sharing Reduction        

Health Benefits

         
Ambulatory patient services
Emergency services
Hospitalization
Maternity and newborn care
Mental health and substance use disorder services, including behavioral health treatment
Prescription drugs
Rehabilitative and habilitative services and devices
Laboratory services
Preventive and wellness services and chronic disease management
Pediatric services, including oral and vision care

Special features

   

Cost-Sharing
Subsidy can be
applied only to
this plan

 

This Plan is only for
people under the age
of 30. People over 30
may buy this Plan
if they have a
limited income.




You may also want to read: Which health plan will work best for me?