Which level of coverage under ACA offers 60% of costs covered?

Under the Affordable Care Act (ACA), the Bronze level of coverage is designed to cover approximately 60% of healthcare costs, with the remaining 40% being the responsibility of the insured individual. This level is consistent with the actuarial value associated with each tier in the ACA's metal categories, which indicate the proportion of expenses that will be paid by the health plan.

Each tier has a different percentage of costs covered, with Silver covering around 70%, Gold around 80%, and Platinum the highest at about 90%. The Bronze plan is typically the most affordable in terms of premiums, making it an appealing choice for individuals looking for lower monthly costs, typically at the expense of higher out-of-pocket expenses when seeking care. This structure helps to ensure that consumers can select a plan that best fits their healthcare needs and financial situations.