Health insurance

ACA marketplace plans: metal tiers, deadlines and what 2026 actually costs

Every marketplace plan covers the same ten essential health benefits and cannot deny you for a pre-existing condition. What changes between plans is the split of the bill, the provider network, and whether you qualify for subsidies.

No pre-existing condition exclusions Subsidy eligibility checked first All ten essential health benefits

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The health insurance marketplace, HealthCare.gov in most states and a state-run exchange in about twenty others, sells individual and family plans that must accept you regardless of health history. Every qualified health plan covers the same ten essential health benefits: outpatient care, emergency services, hospitalization, pregnancy and newborn care, mental health and substance use treatment, prescription drugs, rehabilitative and habilitative services, lab work, preventive and chronic disease management, and pediatric services including dental and vision. Note the last point carefully: pediatric dental and vision are essential benefits, but adult dental and vision are not.

Plans are sorted into metal tiers by actuarial value, meaning the share of total covered costs the plan pays on average across a standard population. HealthCare.gov puts the split at roughly 60% bronze, 70% silver, 80% gold and 90% platinum, with the enrollee paying the remainder through deductibles, copays and coinsurance. Tier is not a quality rating. A bronze plan and a platinum plan from the same carrier typically use the same network and cover the same services.

2026 is an unusually painful year to shop, because the enhanced premium tax credits enacted in 2021 expired on December 31, 2025. KFF's analysis of 2026 enrollment reports 23.1 million plan selections, an average net premium after subsidies of $178 a month against $113 the prior year, a 58% increase, and 87% of enrollees receiving a premium tax credit. Average deductibles rose too, from $2,759 to $3,786, a 37% jump, as buyers shifted toward cheaper, higher-deductible plans.

None of that changes how the mechanics work, and the mechanics are where people leave money on the table. If your income is under 250% of the federal poverty level, choosing a bronze plan instead of a silver plan usually costs you thousands in forfeited cost-sharing reductions. That is the single most consequential decision on this page.

Metal tiers

Four tiers, one rule for choosing between them

Actuarial values from HealthCare.gov. The right tier depends on your income first and your expected utilization second.

Lowest premium

Bronze, about 60% actuarial value

Lowest premium, highest deductible, often several thousand dollars before anything but preventive care is covered. Reasonable for healthy buyers above 250% FPL who want catastrophic protection and can fund the deductible.

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Best if under 250% FPL

Silver, about 70% actuarial value

The pivot tier. Under 250% of FPL, silver plans carry cost-sharing reductions that raise the effective actuarial value to between 73% and 94%. Below 150% FPL, KFF found average silver deductibles of $87 versus $5,304 without CSR.

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Heavy users

Gold, about 80% actuarial value

Higher premium, materially lower deductible and copays. Often the best value above 250% FPL for anyone with chronic conditions, regular specialists, or maintenance prescriptions. Sometimes priced near silver because of silver loading.

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Limited availability

Platinum, about 90% actuarial value

Highest premium, lowest out-of-pocket exposure. Not offered in every market or by every carrier. Worth pricing if you expect a surgery, a birth, or a high-cost specialty drug in the plan year.

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Under 30 or exemption

Catastrophic plans

Available if you are under 30 or qualify for a hardship or affordability exemption. Very low premium, deductible equal to the annual out-of-pocket maximum, and no premium tax credits may be applied to them.

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Do this first

Check subsidies before tier

Premium tax credits are calculated against the second-lowest-cost silver plan in your area, the benchmark. KFF put the 2026 US average benchmark premium at $625 a month. Your credit is the same dollar amount whichever tier you buy.

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What it costs

2026 cost sharing by tier and income

Average figures from KFF analyses of 2026 marketplace data. Actual plan designs vary widely by state, carrier and rating area.

Plan and income situationAverage annual deductibleEffective actuarial valueWho it fits
Bronze, any incomeOften $6,000 to $7,500About 60%Healthy, above 250% FPL, cash for the deductible
Silver, standard, no CSR$5,304 average in 2026About 70%Above 250% FPL only if gold is not competitive
Silver with CSR, 200-250% FPLAbout $3,62073%Modest income, moderate expected use
Silver with CSR, 150-200% FPLAbout $68287%Strong value, rarely beaten
Silver with CSR, at or under 150% FPLAbout $8794%Almost always the correct choice
Gold, any incomeCommonly $1,000 to $2,500About 80%Above 250% FPL with regular care needs
All plans, 2026 average net premiumNot applicableNot applicable$178 per month after subsidies, up 58%

Deductible and actuarial value figures reflect KFF analyses of 2026 marketplace plans and cost-sharing reduction tiers; the 2026 out-of-pocket maximum for a standard silver plan averaged about $10,600. Income bands for CSR run from 100% to 250% of the federal poverty level, roughly $15,650 to $39,125 for a single person for 2026 coverage. Enhanced premium tax credits expired December 31, 2025, which is the main driver of the premium increase. Your actual plan options and prices depend on your state, county, age, household size and income.

Rating factors

How to choose a marketplace plan without guessing

Work these in order. Skipping the first step is the expensive mistake.

  • Estimate income before you pick a tier. Cost-sharing reductions attach only to silver plans and only below 250% of the federal poverty level. Below 150% FPL, KFF found average silver deductibles of $87. A cheaper bronze plan can be a five-figure mistake at that income.
  • Total your real annual cost, not the premium. Add twelve premiums plus your realistic out-of-pocket spending, then compare against the plan's out-of-pocket maximum as the worst case. The plan with the lowest premium rarely has the lowest total.
  • Check every doctor and hospital individually. Marketplace networks are often narrow. Verify each provider in the carrier's own directory for the exact plan name, not just the carrier, and call the office to confirm.
  • Run your prescriptions through the formulary. Two silver plans from the same insurer can place the same drug on different tiers, or require prior authorization on one and not the other. Specialty tier coinsurance is where budgets break.
  • Confirm the plan type you can live with. HMO and EPO plans generally pay nothing out of network except emergencies. PPO plans cost more and offer out-of-network coverage. If you travel or live near a state line, this matters.
  • Reconcile subsidies at tax time. Advance premium tax credits are based on projected income. If you earn more than projected, you repay some or all of the excess on Form 8962. Update your income on the marketplace mid-year when it changes.
  • Look for standardized plan options. HealthCare.gov requires insurers to offer standardized designs with identical deductibles and copays within a tier, which makes apples-to-apples comparison much easier.

Deadlines and special enrollment periods

Open enrollment on HealthCare.gov runs from November 1 through January 15 in most states. Per the official dates and deadlines page, enroll by December 15 for coverage starting January 1, and between December 16 and January 15 for coverage starting February 1. For 2027 coverage, that means November 1, 2026 through January 15, 2027 in most of the country.

State-run exchanges set their own calendars. Per healthinsurance.org's exchange calendar, Idaho starts earliest, October 15 to December 15; Rhode Island ends December 31; Virginia ends January 29; Massachusetts runs to January 23; and the District of Columbia, Illinois, New York and Pennsylvania run to January 31. Check your own state before assuming January 15.

Miss open enrollment without a qualifying event and you generally wait a year. Medicaid and CHIP have no enrollment window and accept applications any month, so check eligibility first if your income dropped. Short-term plans are not a substitute, and losing one does not open a marketplace enrollment window.

Outside open enrollment you need a special enrollment period. HealthCare.gov lists the qualifying categories, and you generally have 60 days from the event to enroll, extended to 90 days for a loss of Medicaid or CHIP coverage:

  • Loss of qualifying health coverage. Job loss, aging off a parent's plan at 26, expiration of COBRA, divorce ending eligibility, or losing Medicaid or CHIP. Voluntarily dropping coverage does not count.
  • Household change. Marriage, divorce or legal separation, birth, adoption, foster placement, or a death in the household that changes eligibility.
  • Change of residence. A permanent move to a new ZIP code or county with different plan options, moving to or from school or seasonal work, or moving to the US from abroad. You generally must have had coverage for one of the prior 60 days.
  • Change in eligibility for help paying costs. An income change that newly qualifies you for or removes you from premium tax credits or cost-sharing reductions.
  • Other qualifying situations. Gaining citizenship or lawful presence, release from incarceration, starting or ending AmeriCorps service, or a marketplace or plan error that affected your enrollment.

You will usually be asked to document the event, so keep the termination letter, lease, marriage certificate or birth record. Enrolling in the first 15 days after some events can start coverage the first of the next month; later enrollments often start the month after that.

Networks, essential benefits and why silver plans are priced strangely

Three plan types dominate the individual market. An HMO requires you to use in-network providers except in emergencies and often requires a primary care referral for specialists. An EPO also pays nothing out of network but usually does not require referrals. A PPO covers out-of-network care at a higher cost share and is the most flexible and most expensive. A small number of markets offer POS plans, which blend referral requirements with limited out-of-network coverage.

Plan typeOut-of-network coverageReferral requiredTypical relative premium
HMOEmergencies onlyUsually yesLowest
EPOEmergencies onlyUsually noLow to moderate
POSReduced coverageUsually yesModerate
PPOYes, at higher cost shareNoHighest

Silver loading, and why gold sometimes costs less than silver

This is the strangest feature of the marketplace and it is worth understanding. Insurers are legally required to provide cost-sharing reductions to eligible silver enrollees. The federal government stopped reimbursing insurers for those reductions in October 2017. As KFF explains, insurers responded by loading the cost of CSRs onto silver premiums specifically, a practice regulators permitted. KFF found silver premiums rose roughly 17 percentage points more than bronze premiums as a result.

Two consequences follow. First, because premium tax credits are pegged to the benchmark silver plan, inflated silver premiums produce larger subsidies that can be spent on any tier, which makes bronze and gold plans unusually cheap for subsidized buyers. Second, in many rating areas a gold plan genuinely costs less than a silver plan with better coverage. If you do not qualify for cost-sharing reductions, always price gold against silver before deciding.

What every plan must cover

All qualified health plans cover the ten essential health benefits, cannot impose annual or lifetime dollar limits on them, cannot exclude pre-existing conditions, and must cover a list of preventive services with no cost sharing when delivered in network. Adult dental and vision are excluded from the essential benefits, which is why standalone dental and vision plans exist and are sold alongside marketplace coverage.

Plan availability, standardized designs, network breadth and state-specific benefit mandates all vary by state and rating area. Confirm details for your county before you enroll, and see our guides on how subsidies are calculated and what health insurance costs.

Questions

Frequently asked questions

When can I enroll in a 2027 marketplace plan?

In most states, November 1, 2026 through January 15, 2027. Enroll by December 15 for coverage effective January 1 and by January 15 for coverage effective February 1. Several state exchanges differ: Idaho runs October 15 to December 15, Rhode Island ends December 31, Virginia ends January 29, and DC, Illinois, New York and Pennsylvania run to January 31.

Should I pick bronze or silver?

If your projected income is at or below 250% of the federal poverty level, silver almost always wins because cost-sharing reductions raise its effective actuarial value to 73%, 87% or 94%. KFF found average silver deductibles of about $87 for enrollees under 150% FPL versus $5,304 without CSR. Above 250% FPL, compare bronze and gold, since silver loading often makes gold the better value.

Why did my premium jump so much for 2026?

The enhanced premium tax credits from the American Rescue Plan and Inflation Reduction Act expired on December 31, 2025. KFF found the average net premium rose from $113 to $178 a month, a 58% increase, and average deductibles rose 37% as enrollees moved to cheaper plans. Underlying premium increases filed by insurers for 2026 added to the effect.

Can I be denied for a pre-existing condition?

No. Qualified health plans sold on the marketplace must accept every applicant during open enrollment or a valid special enrollment period, cannot charge you more because of health status, and cannot exclude treatment for conditions you already have. Rates vary only by age, tobacco use in most states, geography and family size.

Does marketplace coverage include dental and vision?

Pediatric dental and vision are essential health benefits, so coverage for children must be available. Adult dental and vision are not essential benefits, and most medical plans exclude them. You can buy a standalone dental plan through the marketplace in most states, or buy adult dental and vision separately.

What happens if I earn more than I estimated?

Advance premium tax credits are reconciled on your tax return using Form 8962. If your actual income was higher than projected, you repay some or all of the excess credit, subject to repayment caps at lower income levels. Report income changes to the marketplace during the year to keep your credit accurate and avoid a surprise.

Is an HMO plan a bad choice?

Not if your doctors are in network. HMOs and EPOs cost less precisely because they pay nothing out of network outside emergencies. The risk is discovering mid-year that a specialist or hospital you need is excluded. Verify each provider in the carrier directory for the specific plan name before you enroll, and choose a PPO if you travel or split time between states.

Check your subsidy before you pick a metal tier

We will run your income against the benchmark plan in your county, show what cost-sharing reductions you qualify for, and compare total annual cost across tiers.