What is the Affordable Care Act?
The Affordable Care Act (ACA)—also known as Obamacare—is a law passed in 2010 to make health insurance more affordable, accessible, and fair for everyone in the U.S.
ACA plans are grouped into metal tiers—but they don’t affect the quality of care, just how you and the plan share the costs:
Metal TierWhat You PayWhat the Plan PaysBronzeLow monthly cost, high out-of-pocket~60%SilverModerate monthly cost and out-of-pocket~70%GoldHigher monthly cost, lower out-of-pocket~80%PlatinumHighest monthly cost, lowest out-of-pocket~90%
Silver Plans are special: If you qualify for extra savings (Cost-Sharing Reductions) based on income, you must choose a Silver plan to get them.
If your income is between about 100% and 400% of the federal poverty level (or higher in some states), you may get:
Who Should Use ACA Plans?
A great alternative to the ACA is LIFE X health insurance.
Click here to make an appointment.
Email us at team@smartinsurancestrategies.com
Call us at 704-940-6654
Text us at 704-360-0462
We are here to educate! We'll help you find great, affordable medical coverage. Always read current brochures, as information is often updated.
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.