EmblemHealth Silver Bold vs. Oscar Health Saver Silver

With the fall open enrollment period almost upon us, now is an excellent time to reassess your health insurance options for 2021. There are four different metal tiers of insurance coverage for individual plans. Those tiers are made up of bronze, silver, gold, and platinum. The latter offers the highest level of coverage with bronze offering the lowest. Here we are going to take a look at two leading health insurance plans in the silver tier.

What Are Silver Health Insurance Plans?

Silver health insurance plans cover the majority of your medical costs, and as a result, they have higher monthly premiums, but lower deductibles than their bronze counterparts. Silver plans are specifically designed to cover around 70% of your medical costs on average.

Is a Silver Plan the Right Fit for Me?

Being one tier up from the bottom rung of insurance options, silver health insurance plans are best suited to those who need a little more medical attention than the average person. For instance, a silver plan may be a perfect fit if you suffer from a mild chronic condition that requires frequent checkups and a prescribed treatment plan. A bronze plan may be a better fit if you rarely need to see a doctor, while a gold plan is better suited for those who need to frequently see a doctor for more serious conditions.

If you are unsure regarding which tier of insurance plan is best suited to your needs, you can learn more by reading our helpful insurance guide here.