To make it easier to compare plans, the federal government created four levels of coverage: platinum, gold, silver, and bronze. Platinum health plans have the highest premiums, but have the lowest costs each time you receive care. Bronze health plans have the lowest premiums, but have the highest costs each time you receive care. Gold and silver plans offer more of a balance. There is a fifth level of coverage called “catastrophic,” but this type of plan is only available to individuals under the age of 30 or with an extreme financial hardship.