What percentage of healthcare costs do Gold plans generally cover?

Study for the POL California Life Insurance Test. Prepare with flashcards and multiple choice questions, including hints and explanations. Get ready to excel in your exam!

Gold plans typically cover about 80% of healthcare costs, which means that the insured is responsible for the remaining 20%. This level of coverage places Gold plans among the more comprehensive options available on the marketplace. They are designed for individuals or families who expect to use a moderate amount of medical care throughout the year.

While the insured is still responsible for some out-of-pocket expenses, the relatively high coverage percentage indicates that policyholders will receive a substantial amount of financial support for their healthcare needs. This aspect makes Gold plans a suitable choice for those who value a balance between premium costs and healthcare coverage.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy