Catastrophic plans are offered in the Individual Marketplace and cover EHB. They provide affordable coverage options for young adults and people for whom coverage would otherwise be unaffordable.
Catastrophic plan enrollees pay higher deductibles than enrollees in bronze, silver, gold, or platinum plans. However, catastrophic plans have several benefits:
Eligibility for catastrophic plans is limited to:
Next Topic: Actuarial Value
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.