Glossary · Marketplace
What is actuarial value?
Actuarial value is the percentage of total average costs for covered benefits that a plan covers. With 70% actuarial value, on average you pay 30% of the costs of covered benefits.
Definition and figures from HealthCare.gov glossary, checked October 23, 2026. This page explains the term; it does not recommend a plan.
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Actuarial value: the facts
| Item | Fact | Source |
|---|---|---|
| Example from HealthCare.gov | 70% actuarial value: you pay 30% on average | HealthCare.gov glossary: Actuarial value |
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What does actuarial value mean in health insurance?
Actuarial value is the percentage of total average costs for covered benefits that a plan covers. With 70% actuarial value, on average you pay 30% of the costs of covered benefits.