Widely known as Obamacare, the Affordable Care Act seeks to make healthcare more affordable and accessible for Americans. Through the healthcare.gov site, you can compare your options on the Health Insurance Marketplace and select the health insurance plan that will best match your needs.
The Marketplace offers four tiers of coverage: bronze, silver, gold and platinum. There are several factors that will decide which plan will suit you best. In most cases, bronze plans are best for young, healthy people who don’t often require health services. Bronze plans carry the lowest monthly premiums, but when health services are needed, the copays and deductibles are higher than those of the silver, gold and platinum plans. The higher tiered metals carry lower copays and deductibles, but this is balanced by greater monthly premiums. Overall, gold and platinum plans are best for people with chronic conditions that require repeated use of health services.
To gain a better idea of the premiums you'll pay in the Marketplace, check out our interactive map below. Simply click on the plus sign in each state to see bronze and silver monthly premiums for a single 40-year-old nonsmoker in a major city before subsidies. Premium cost varies by age.