Glossary · Marketplace
What is minimum value?
Minimum value is a standard for job-based health plans. A plan meets it if it is designed to pay at least 60% of the total cost of covered medical services and covers hospital and doctor services.
Definition and figures from HealthCare.gov glossary, checked October 23, 2026. This page explains the term; it does not recommend a plan.
Run it in Rivvi
Ask how minimum value works on your plan
Rivvi explains the term from public CMS, Medicare.gov, and HealthCare.gov sources and works through an example with your numbers.
Ask RivviFree to start. No card. Opens Rivvi, the AI workspace for healthcare teams.
Minimum value: the facts
| Item | Fact | Source |
|---|---|---|
| Threshold | At least 60% of total covered costs | HealthCare.gov glossary: Minimum value |
Compare and look up
- HMO vs PPOSide-by-side comparison
Related terms
Questions
What does minimum value mean in health insurance?
Minimum value is a standard for job-based health plans. A plan meets it if it is designed to pay at least 60% of the total cost of covered medical services and covers hospital and doctor services.