APTC
Advance premium tax credit
A tax credit that eligible Marketplace consumers can use in advance to lower their monthly premium.
Official HealthCare.gov definition →ACA glossary
Marketplace terms in plain language.
Use these definitions as a starting point, then verify current eligibility and plan details with the Marketplace.
CSR
Cost-sharing reduction
Extra savings that can lower deductibles, copayments and coinsurance for eligible consumers who choose a Silver plan.
Official HealthCare.gov definition →Deductible
Deductible
The amount you pay for certain covered services and items before the plan starts to pay, subject to the plan rules.
Official HealthCare.gov definition →Metal tiers
Health plan categories
Bronze, Silver, Gold and Platinum categories describe how costs are split between you and the plan; they do not measure care quality.
Official HealthCare.gov definition →SEP
Special Enrollment Period
A period outside yearly Open Enrollment when certain qualifying life events may let you enroll in or change Marketplace coverage.
Official HealthCare.gov definition →Premium
Premium
The amount you pay for health insurance every month, separate from deductibles and other out-of-pocket costs.
Official HealthCare.gov definition →