How do the metal tiers affect out of pocket expense? Which statement below correctly identifies the...

Transcribed Image Text:

How do the metal tiers affect out of pocket expense? Which statement below correctly identifies the relationship of costs related to health care coverage? Gold coverage involves low premiums, deductibles, copays, and coinsurance caps. Bronze insurance will always result in the highest out of pocket expenses. Platinum coverage will always provide the lowest overall cost for a healthy person. Platinum coverage will have the highest premium costs but the lowest copays and coinsurance costs. How do the metal tiers affect out of pocket expense? Which statement below correctly identifies the relationship of costs related to health care coverage? Gold coverage involves low premiums, deductibles, copays, and coinsurance caps. Bronze insurance will always result in the highest out of pocket expenses. Platinum coverage will always provide the lowest overall cost for a healthy person. Platinum coverage will have the highest premium costs but the lowest copays and coinsurance costs.

Answer rating: 100% (QA)

The detailed answer for the above question is provided below Answer I The correct statement regardin... View the full answer