HHS Proposes Specs For Health Plan 'Metal Tiers'

Law360, New York (February 27, 2012, 5:09 PM EST) -- Federal health officials on Friday outlined how they propose to calculate health plans' cost-sharing ratings — a color scheme of bronze, silver, gold and platinum — in the new insurance exchanges, which they say will help consumers directly compare insurance plans.

Under the ACA, insurance plans in the exchanges will be classified into the so-called metal tiers based on how much the plan pays for essential health benefits like preventive and maternity care. Platinum plans cover 90 percent of essential-benefits costs, and bronze plans cover 60...
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