Accident & Health FundamentalsQuestion 6 of 315
Under the ACA metal-tier framework, a silver plan must cover what approximate percentage of the average enrollee's covered medical costs (its actuarial value)?
a.65%
b.70%
c.80%
d.60%
Explanation
The ACA defines four metal tiers by actuarial value: bronze at approximately 60%, silver at 70%, gold at 80%, and platinum at 90%. Catastrophic plans are separate and available only to certain enrollees.
Law Reference: 42 U.S.C. §18022 (ACA actuarial value)Practice all 315 questions free — no signup required.
Related questions on this topic
- An employee voluntarily quits her job at a private company with 60 employees. Under federal COBRA, the maximum continuation coverage period available to her is:
- Cal-COBRA differs from federal COBRA primarily because it:
- To be eligible to contribute to a Health Savings Account (HSA), an individual must be covered by:
- A 45-year-old applicant with a history of diabetes applies for an individual ACA-compliant health policy through Covered California. The insurer may:
- Under the ACA, a group health plan that offers dependent coverage must make that coverage available to an enrolled employee's adult child until the child reaches age:
- Which of the following is NOT one of the ten Essential Health Benefits categories that an ACA-compliant individual or small group plan must cover?
Last reviewed: · editorial process
Sen Lin, PrepPass Founder · Verified against California Life & Health Insurance License Exam · How we review
Reviewed by John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — verify)