Glossary Term

Silver Plan

With respect to enrollment, the silver plan is most popular of the four categories of Affordable Care Act insurance. It has an actuarial value of 70 percent in its standard form, though that value can increase in the case of enrollees qualifying for the CSR Program. 

Silver plan premiums and deductibles tend to be more expensive than those of the bronze plan, but less than is typically found in gold and platinum plans. Silver plans can be purchased by individuals and families or by small groups such as business.

What is silver loading?

Silver loading refers to the insurer practice of increasing silver plan premiums to pay for cost-sharing reduction expenses that were previously paid through federal funding. For more information, see the definition for silver loading.

Additional Resources

Related Research