The "Silver Plan" is a type of health insurance plan available through the Health Insurance Marketplace. It offers a balance between monthly premiums and out-of-pocket costs, making it a popular choice for many individuals and families. Silver Plans typically cover about 70% of healthcare costs, meaning that enrollees are responsible for the remaining 30% through deductibles, copayments, and coinsurance. One key feature of Silver Plans is that they qualify for cost-sharing reductions for eligible individuals and families. This means that those with lower incomes can receive additional financial assistance, reducing their out-of-pocket expenses even further. Silver Plans are a good option for those who want comprehensive coverage while managing their healthcare costs.