A discount on your out-of-pocket costs, such as your co-pay. Depending on your income level, if you buy a “silver” plan on the state marketplace, you may be eligible for a cost-sharing subsidy. A silver plan is a type of...

A co-pay is the flat fee you have to pay for a service, such as a doctor’s visit or a prescription. If you have a $15 co-pay for visits to your primary care provider, you will pay $15 for a...

The amount of cost sharing between you and your insurance company. If you have a 80% / 20% co-insurance, this means that when you receive care, the insurance company pays 80% of the cost and you pay the other 20%.

A plan with a low monthly premium but high out-of-pocket costs and a very high deductible.  You must be under 30 years old or eligible to get a “hardship exemption” because you can’t find other affordable health insurance coverage in...

Before the health care reform law, many plans only covered care up to a certain amount. Under the new law, insurers can no longer cap how much they pay for your care each year or over your lifetime. Annual and...