If you’re looking for an exemption to purchase a catastrophic plan, you might want to consider opting for a Bronze plan instead. There are several compelling reasons why a Bronze plan could be a more favorable choice:
- The premium (monthly cost) of Bronze plans and catastrophic plans are often similar.
- Bronze plans typically have a lower deductible (the amount you pay before your insurance starts covering expenses).
- You may be eligible for financial assistance to reduce the cost of a Bronze plan, whereas such assistance is not available for catastrophic plans.
- You don’t need to apply for an exemption – individuals of all ages can purchase a Bronze plan.
This could provide you with a more comprehensive and cost-effective insurance option.