Health · Chapter 15 · Statutes
ACA Metal Tiers (Actuarial Value)
Definition
Exchange plans by projected share of costs covered: Bronze 60% (60/40) · Silver 70% (70/30) · Gold 80% (80/20) · Platinum 90% (90/10). Actuarial value = the minimum projected percentage of medical costs the plan covers. All tiers share the same out-of-pocket maximum.
In plain English
The metal only changes the cost split — coverage lists are the same.
Easy to confuse with
These are what this term gets tested against — if you can't tell them apart cold, drill the contrast.
Related terms