Certified Application Counselor Practice Test

What is the bronze metal level percentage for coverage?

1. 60%

2. 70%

3. 80%

4. 90%

The correct answer is: 60%

The percentage for coverage at the bronze metal level is set at 60%. This means that, on average, a bronze plan will cover 60% of healthcare costs, while the remaining 40% is typically the responsibility of the covered individual through deductibles, copayments, and coinsurance. The design of bronze plans aims to provide lower monthly premiums compared to plans at higher metal levels, while also indicating that the plan will have higher out-of-pocket costs when receiving care. Understanding this structure is crucial for consumers choosing a health plan, as it impacts both the affordability and the level of care they can expect.