Silver plans are similar to Bronze. They charge slightly higher premiums for coverage that kicks in sooner (meaning, this plan usually has a lower deductible too). Silver plans are often a good value for people who see the doctor from time to time and take a common medication or two. If your "MAGI" (Modified Adjusted Gross Income) is under 250% of the Federal Poverty Level then Silver Plans will also adjust the cost you pay for medical services received throughout the year.