Glossary · Marketplace
What is a Silver plan?
A Silver plan is one of the 4 Marketplace metal levels, with moderate premiums and moderate costs when you get care. Cost-sharing reductions are available only on Silver plans.
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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Silver plan: the facts
| Item | Fact | Source |
|---|---|---|
| Cost-sharing reductions | Available only if you enroll in a Silver plan | HealthCare.gov glossary: Silver health plan |
| Tax credit benchmark | The second lowest cost Silver plan sets the premium tax credit | HealthCare.gov glossary: Second lowest cost Silver plan (SLCSP) |
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What does silver plan mean in health insurance?
A Silver plan is one of the 4 Marketplace metal levels, with moderate premiums and moderate costs when you get care. Cost-sharing reductions are available only on Silver plans.