|
Code
|
Display
|
Definition
|
|
platinum
|
Platinum-QHP |
Plan with highest monthly premium and lowest costs when you need care A Qualified Health Plan with the highest monthly premiums and smallest out-of-pocket costs for the member in comparison to other metal-category plans |
|
gold
|
Gold-QHP |
Plan with high monthly premium and low costs when you need care A Qualified Health Plan with the higher monthly premiums and smaller out-of-pocket costs for the member in comparison to other metal-category plans |
|
silver
|
Silver-QHP |
Plan with moderate monthly premium and moderate costs when you need care A Qualified Health Plan with the lower monthly premiums and larger out-of-pocket costs for the member in comparison to other metal-category plans |
|
bronze
|
Bronze-QHP |
Plan with lowest monthly premium and highest costs when you need care A Qualified Health Plan with the lowest monthly premiums and largest out-of-pocket costs for the member in comparison to other metal-category plans |
|
catastrophic
|
Catastrophic-QHP |
A plan with low monthly premiums and very high deductibles and are available only to those under 30 or with certain special exemptions. |
|
lowdeductible
|
Low Deductible |
A plan that requires the insured to pay out of pocket a smaller proportion of incurred health care costs than a traditional insurance plan. |
|
highdeductible
|
High Deductible |
A plan that requires the insured to pay out of pocket a larger proportion of incurred health care costs than a traditional insurance plan. |
|
catastrophicplan
|
Catastrophic Plan |
A plan that requires the insured to pay out of pocket a much larger proportion of incurred health care costs than a traditional insurance plan. |