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- A discount that lowers the amount you have to pay out-of-pocket for deductibles, coinsurance, and copayments. You can get this reduction if you get health insurance through the Marketplace, your income is below a certain level, and you choose a health plan from the Silver plan category (See Health Plan Categories). If you're a member of a federally recognized tribe, you may qualify for additional cost-sharing benefits.
- Browse Related Terms: Bronze Health Plan, Cost Sharing Reduction, Gold Health Plan, Health Plan Categories, Platinum Health Plan, Silver Health Plan