According to PPACA rules, what percentage of health care costs will be covered under a bronze plan?

In a bronze plan under the Affordable Care Act (PPACA), the insurance is designed to cover approximately 60% of health care costs for a standard population. This means that, on average, the plan pays 60% of the total average costs of care, while the policyholder is responsible for the remaining 40% in the form of copays, deductibles, and coinsurance.

The bronze tier is the lowest level of coverage in the metal tier system established by the PPACA, which includes four levels: bronze, silver, gold, and platinum. Each level indicates the proportion of health care costs covered by the insurance. The level of coverage increases from bronze to platinum, with bronze being the most affordable in terms of monthly premiums but requiring higher out-of-pocket expenses when care is used. The specific percentage of 60% reflects that bronze plans are primarily intended for those who prefer lower premium payments and can manage higher costs when utilizing healthcare services.