This refers to a specific health insurance plan offered by a major insurer within a particular state. It is categorized as a Silver-tier plan, indicating a certain level of coverage and cost-sharing, and further defined by a numerical identifier and plan type. Individuals selecting this option typically have access to a network of healthcare providers and pay a copayment or coinsurance for services rendered.
Such plans offer a balance between monthly premiums and out-of-pocket expenses. The “Silver” designation implies it covers approximately 70% of healthcare costs, with the policyholder responsible for the remaining 30%. The specific numerical identifier and plan type often indicate variations in network size, deductible amounts, and other specific features. Its availability is dependent upon location and enrollment periods.