The average cost for individual health insurance is $438 a month. This cost may vary depending on where you live and how much coverage you want.

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How much does health insurance cost?

According to the Kaiser Family Foundation (KFF), the average health insurance benchmark premium is $438 a month. This figure, from 2022, is down slightly from 2021's average monthly cost of $452. The graph below shows how prices have changed in recent years.

Year Monthly health insurance rate
2018 $481
2019 $478
2020 $462
2021 $452
2022 $438
Source: Kaiser Family Foundation

Note that these are just the national averages. Your health insurance costs may vary considerably depending on which state you call home. Below is a table showing the average monthly cost of health insurance by tier and state

State Bronze plan Silver plan Gold plan
United States $342 $448 $472
Alabama $408 $553 $687
Alaska $458 $746 $674
Arizona $326 $405 $478
Arkansas $354 $411 $491
California $342 $411 $453
Colorado $291 $376 $363
Connecticut $515 $592 $577
Delaware $403 $542 $528
District of Columbia $396 $426 $495
Florida $353 $468 $459
Georgia $328 $411 $433
Hawaii $329 $430 $439
Idaho $325 $415 $444
Illinois $340 $449 $482
Indiana $327 $395 $521
Iowa $346 $475 $451
Kansas $353 $467 $480
Kentucky $333 $417 $472
Louisiana $423 $550 $624
Maine $372 $449 $507
Maryland $242 $334 $323
Massachusetts $347 $407 $522
Michigan $266 $354 $398
Minnesota $287 $328 $376
Mississippi $401 $462 $548
Missouri $385 $472 $562
Montana $343 $471 $521
Nebraska $414 $549 $579
Nevada $295 $385 $464
New Hampshire $266 $317 $359
New Jersey $358 $435 $674
New Mexico $357 $429 $353
New York $484 $619 $799
North Carolina $352 $501 $531
North Dakota $296 $463 $452
Ohio $322 $411 $455
Oklahoma $372 $503 $507
Oregon $343 $453 $493
Pennsylvania $292 $420 $380
Rhode Island $270 $364 $379
South Carolina $355 $489 $515
South Dakota $459 $608 $626
Tennessee $341 $471 $477
Texas $324 $454 $407
Utah $331 $462 $545
Vermont $641 $837 $894
Virginia $277 $354 $360
Washington $280 $382 $395
West Virginia $627 $822 $839
Wisconsin $334 $449 $462
Wyoming $573 $801 $708
Source: Kaiser Family Foundation

These average health insurance premiums are based on the lowest-cost plans that KFF studied. They do not figure in cost-sharing reductions or tax credits, which will be discussed later.

As mentioned earlier, various factors drive cost differences in health insurance by state, which result in different rates. Maryland, for example, has some of the cheapest health insurance in the U.S., at only $242 a month for a Bronze plan. In Vermont, on the other hand, a Bronze plan costs an average $641 a month.

How your health insurance plan tier affects cost

ACA, or "Obamacare", health insurance plans come in four tiers, each named for a different metal: Bronze, Silver, Gold and Platinum. Each tier is based on the "actuarial value" of a plan. Actuarial value is the percentage of costs each tier takes care of versus your out-of-pocket costs.

Bronze plan

  • Monthly rate: $342
  • Covers: 60% of costs, you pay 40%

Bronze plans are the least expensive of the four health insurance tiers in terms of premiums. However, out-of-pocket costs are comparatively high. Bronze plans work best if you don't go to the doctor often and aren't on a long prescription drug regimen.

Silver plan

  • Monthly rate: $448
  • Covers 70% of costs, you pay 30%

This health care plan tier often works best if you qualify for programs such as cost reductions and tax credits toward health coverage. These programs often help decrease your overall medical costs. If you're not eligible for these programs, the Gold plan is often a good investment.

Gold plan

  • Monthly rate: $503
  • Covers 80% of costs, you pay 20%

Gold plans are geared toward people who visit the doctor frequently or otherwise require constant medical aid. Your monthly rate will cost more, but you also will hit your deductible limit faster than the lower-tier plans. In the long run, this may be cheaper for covered care than you would pay with a Bronze or Silver tier plan.

Platinum plan

Platinum tier plans offer the best actuarial value/out-of-pocket cost ratio of all the plans. They pay 90% of your medical claims before deductibles, and your out-of-pocket cost is the remaining 10%.

Despite this, they're not popular. People looking for health insurance tend to avoid them due to their incredibly high premiums. As such, accurate average costs for them are not available.

The table below shows the actuarial and out-of-pocket percentages for each tier.

Health insurance tier Monthly rate Costs covered by plan Your costs
Bronze $342 60% 40%
Silver $448 70% 30%
Gold $503 80% 20%
Platinum NA 90% 10%
Source: Kaiser Family Foundation

Catastrophic health insurance plans

For qualifying Americans under the age of 30, catastrophic plans are available to provide what can be considered last-resort health insurance. Catastrophic plan premiums are lower than even Bronze tier plans. However, you pay more for visits and prescriptions due to high deductibles.

Factors that affect your health insurance costs

The cost of your health insurance plan depends on what your policy limits are, along with some factors specific to you. These include:

Your premium

Your health insurance premium is the amount you pay for coverage either monthly or annually.


This is the amount you agree to pay out on a health insurance claim before your policy pays out its part. The higher your health insurance deductible, the lower your premium will be.


This is an amount you pay for a medical treatment or service after your deductible limit has been reached. This amount is often a percentage rather than a fixed fee. For example, say you have a 20% coinsurance rate and a $3,000 deductible. If you have a $10,000 treatment, you'd pay 20% of the remaining $7,000 after the deductible is hit.


This is a fixed rather than a percentage amount you pay for a health care service after your deductible is hit. Average copayment costs often come in at $10 to $20 per visit.

Out-of-pocket maximum

This amount is the most you pay in a given year for health services under your policy. Once your out-of-pocket limit is reached, your health insurance provider pays for all covered services for the remainder of the year. Deductible costs, as well as all coinsurance and copayment fees you pay during the year, go toward hitting the maximum.

For 2022, all Affordable Care Act marketplace plans have an out-of-pocket maximum of $8,700 for individuals and $17,400 for families.

Along with the above health care policy factors, there are other influences based on you personally. They include:

  • Your age
  • Annual income
  • How much coverage you want
  • The number of family members under your policy

Other health insurance options and their costs

There are other health insurance coverage options besides marketplace insurance plans, too. There are plans available for purchase from private insurance providers, health care coverage you get from your job and even ways to continue your coverage if you are unemployed.

Private health insurance

If you aren't purchasing health insurance through the ACA marketplace, insurers have non-ACA regulated health insurance available as well. Private health insurance plans may have benefits that marketplace plans do not.

For example, you may see a shorter wait time for treatment, which is good when you're looking at elective surgery. Going through a broker that can provide options both on and off the marketplace can give you a wider range of choices for your health care as well.

There are also some potential downsides with non-ACA plans. Cost is a big one. With ACA health insurance, you might qualify for tax credits or other income-based savings not available with private health insurance plans. These health care tax credits help lower your insurance costs by either paying part of your premium or providing a tax return refund.

Costs vary a great deal with private insurers on a state-by-state basis, making locking down an average cost difficult. To see what private insurers offer in your state, you can compare quotes from multiple health insurance providers.

Employer-based health insurance

According to the Kaiser Family Foundation, the average premiums paid for employer-provided health insurance were $7,911 for single coverage and $22,463 for family coverage in 2022. What you pay depends on how much of the premium your employer covers.

COBRA health insurance

The cost of COBRA health insurance depends on your employer-based health insurance cost, often adding a 2% service fee. COBRA helps maintain your health care coverage if you lose employer-sponsored health insurance.

Consider COBRA if you're happy with your old job's health insurance and can afford it, especially since it can still cover dependents under conditions such as your death or divorce. However, COBRA coverage can often be much more expensive than coverage purchased through the ACA marketplace. Also, COBRA coverage usually has a limited time period of activity, often between 18 and 36 months. LLC has made every effort to ensure that the information on this site is correct, but we cannot guarantee that it is free of inaccuracies, errors, or omissions. All content and services provided on or through this site are provided "as is" and "as available" for use. LLC makes no representations or warranties of any kind, express or implied, as to the operation of this site or to the information, content, materials, or products included on this site. You expressly agree that your use of this site is at your sole risk.