These levels are based on an actuarial value (AV) of benefits provided without cost sharing. AV is a measure of EHB coverage estimated to be paid by the QHP issuer for a standard population, expressed in percentages. The higher the AV, the more the enrollee will pay in monthly premiums and the less he or she will pay in out-of-pocket costs. It is important to emphasize that AV is an average measure of generosity – the percentage of medical costs the plan will cover after premium payments.
Next Topic: Out of Pocket Limits
Agents and Brokers are required to be trained to assist consumers with the application and decision making process. Using an Agent to enroll in a ObamaCare Health Plan will be the primary choice of many americans. After all agents have the inside track on companies and their promptness to handle claims and pay benefits in atimely fashion.