Question

According to the PPACA rules, what percentage of the health care costs will be covered under a bronze plan?

A) 60%
B) 70%
C) 80%
D) 90%

Answer 1

Under the Patient Protection and Affordable Care Act (Obamacare), a bronze plan covers approximately 60% of health care costs, representing the most basic tier with the lowest premiums but higher out-of-pocket costs.

Step-by-step explanation:

According to the rules set out by the Patient Protection and Affordable Care Act (PPACA), commonly known as Obamacare, a bronze plan will cover approximately 60% of an individual’s health care costs. The bronze plan is the most basic tier of health insurance offered through the ACA marketplaces and typically has the lowest premiums but higher out-of-pocket costs when accessing health care services. This level of coverage is designed as a base option for individuals seeking health insurance coverage under Obamacare.