October 15, 2020

Choosing a Marketplace plan that meets your household's needs

Open Enrollment for 2021 coverage starts November 1. Plans have different premiums and out-of-pocket costs and may differ in the quality of service and benefits they provide. Knowing a few things before you apply can make the process for choosing a plan simpler.

Image: Things to think about when picking a plan

Things to think about when comparing Marketplace plans

  • There are 4 categories of health insurance plans: Bronze, Silver, Gold, and Platinum. These categories show how you and your plan share costs. Plan categories have nothing to do with quality of care.
  • HealthCare.gov offers health insurance plan quality ratings (or "star ratings"), that reflect member experience, medical care, and health plan administration. The ratings let you quickly compare plans based on quality.
  • When choosing a plan, it’s a good idea to think about your total health care costs. You pay a monthly bill to your insurance company (a "premium"), even if you don’t use medical services that month. You pay out-of-pocket costs, including a deductible, when you get care.
  • Some plan types allow you to use almost any doctor or health care facility. Other plans limit your choices or charge you more if you use providers outside their network.

Learn more about choosing the health plan that right’s for your family.