If you choose an Exchange plan, you may be able to get some help with your monthly cost. This is called an Advanced Premium Tax Credit (APTC) subsidy.
In addition to the monthly premium, people with insurance usually have to pay a copay or coinsurance when they go to the doctor or have a test. This cost can also range from being very small, like $5, to being higher. However, through an Exchange plan, you may also qualify for a different subsidy, called Cost Share Reduction or CSR.
Most insurance plans have a monthly cost. This monthly cost, or premium, can be very small, or higher depending on the insurance plan you pick. If you have dependents age 20 or under, only the oldest three will have a premium.
Silver plans qualify for both tax credits and cost sharing subsidies. They also offer the best value if you qualify for a subsidy and want to balance your monthly premium with your out-of-pocket costs.