by Lauren Mandel and Adam Tock
Now that Open Enrollment is in full swing, you may have started browsing for health plans. Have you noticed metals – like Silver and Bronze – next to the plan options? There’s an important reason for this.
While these metal levels have little to do with the quality of care, they do indicate how you and your health plan provider will share in the plan’s costs. For example, while a Bronze plan may have the lowest premium available, you may face high costs when you go to access health care. A Gold plan may have higher monthly premiums, but the cost of care will be more affordable.
It’s important that you consider all of your options when choosing a plan. To better understand metal levels and their associated costs, we’ve created the following infographic.
For more information or to speak with a licensed sales agent about your coverage, please call 888-322-7557 now.