The metal tier of your plan usually determines the cost of the healthcare. The structure is as follows:
- Bronze: The company bears 60% of the healthcare cost
- Silver: The company bears 70% of the healthcare cost
- Gold: The company bears 80% of the total healthcare cost
- Platinum: The company bears 90% of the total healthcare cost
Similarly, the premiums also depend on the tier, with bronze having the least and platinum having the highest.
On the other hand, Medicare plans have a fixed cost for Part A and Part B. As of 2022, Part A is free, while the standard Part B premium is $170.10.
