GCNJ Metal Tiers
What is Metal Tier
Get Covered NJ is a program that helps residents of New Jersey enroll in health insurance plans through the state's health insurance marketplace.
How you and your insurance plan split costs
There are 4 health plan categories: Bronze, Silver, Gold, and Platinum and Catastrophic (available to some people).
Disclaimer: These are estimated averages for a typical population. Your costs will vary.
Metal Tier | You pay | Insurance company pays |
|---|---|---|
Platinum | 10% | 90% |
Gold | 20% | 80% |
Silver | 30% | 70% |
Bronze | 40% | 60% |
Bronze
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Lowest monthly premium
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Highest costs when you require medical care
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Deductibles, or the amount you pay before your insurance plan starts covering costs, can be substantial
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This plan is a good option if you want a cost-effective way to protect yourself in case of severe illness or injury, but expect to pay for routine care out of pocket
Silver
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Moderate monthly premium
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Moderate costs when you require medical care
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The deductibles, or the amount you pay before your insurance plan starts covering costs, are generally lower compared to Bronze plans
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This plan is a good option if you qualify for additional savings or if you are willing to pay a slightly higher monthly premium to have more of your routine care covered
Gold
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High monthly premium
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Low costs when you require medical care
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The deductibles, or the amount you pay before your insurance plan starts covering costs, are generally low
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This plan is a good option if you are willing to pay more per month in order to have more of your costs covered when you receive medical treatment. If you frequently require medical care, a Gold plan may be a good value
Platinum
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Highest monthly premium
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Lowest costs when you require medical care
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The deductibles, or the amount you pay before your insurance plan starts covering costs, are very low which means that your plan starts paying its share earlier than other types of plans
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This plan is a good option if you frequently use medical care and are willing to pay a high monthly premium in exchange for nearly all other costs being covered
Additionally, there are also catastrophic plans which are available for people under 30 or those who are eligible for a hardship exemption.