What is a Silver level health plan?

A Silver health plan is the metal level that falls around the middle of the pack. The premiums are about halfway between the cheapest and most expensive options. The out of pocket expenses for medical care with a Silver health plan are, as well.

Which is better silver or bronze?

Metal tiers will also give you a general idea about monthly payments and out-of-pocket costs, like deductibles and copays. Bronze plans: lower monthly payments, but higher out-of-pocket costs. Silver plans: monthly payments lower than a gold plan, but more than bronze.

Is marketplace insurance any good?

The Health Insurance Marketplace may be the best place for getting health insurance if you’re not covered by an employer, a spouse’s or parent’s plan, or some other source. And if you’re getting by on a low income, browsing the Marketplace for a plan is a must.

What is Anthem 401k match?

The Anthem Foundation matches your contributions 50 cents dollar for dollar. If you, your spouse or family members within your household need financial assistance because of a disaster or personal hardship, you can request a grant from this fund.

Why are silver plans better?

Silver plans fall about in the middle: You pay moderate monthly premiums and moderate costs when you need care. Important: If you qualify for “cost sharing reductions” (or “extra savings”) you can save a lot of money on deductibles, copayments, and coinsurance when you get care — but only if you pick a Silver plan.

Are silver plans worth it?

Silver plans fall in the middle when it comes to costs: moderate premiums and moderate out-of-pocket expenses. If you qualify for cost-sharing reductions (or “extra savings”), you can save on out-of-pocket expenses — such as deductibles, copayments, and coinsurance — if you pick a marketplace silver plan.

Who would be a good candidate for a silver plan in the Health Insurance Marketplace?

The Silver Plan is best-suited for: An individual or family who mainly goes in for doctor visits, lab work or x-rays, or who takes generic drugs. Someone who is relatively health. An individual or family who wants reasonable copayments for common services.

Does anthem offer good benefits?

Anthem has great compensation and benefits packages! Anthem is always looking for ways to assist their employees with compensation and high quality benefits. Management really strives to promote comradery and confidence in their employees.

Who does 401k anthem use?

Anthem Inc., Indianapolis, hired Fidelity Investments as record keeper of its 401(k) plan. Fidelity will replace Vanguard Group as the plan’s record keeper, effective Oct. 1, according to the company’s 11-K filing with the SEC on June 29.

What does a Silver plan offer?

Why do I get extra savings with silver plans?

Even if your monthly premium is higher than some other plan options, additional benefits could save you more down the road, like: You’ll have a lower deductible with a Silver plan. This means the insurance company starts paying its share sooner.