Exam term

Catastrophic plan

A plan with actuarial value below bronze, sold only in the individual market to people under 30 or with a hardship exemption. It covers preventive care and three primary-care visits before the deductible, and the premium tax credit cannot be used on it.

Lessons that use this term

ACA market reforms: preexisting conditions, annual and lifetime limits, essential health benefits, and medical loss ratio New York
ACA exchanges: eligibility, premium tax credits, cost-sharing reductions, metal levels, actuarial value, and enrollment periods New York