how much does health insurance cost per month for a single person?

The National Business Group on Health report provides key information on group health insurance trends and costs. To choose the right individual health insurance plan for you, you should shop around for the right combination of price and features, just as you would for any major purchase (such as a car, television or computer). If you want to buy health insurance on your own, just go to the websites of the major health insurance companies in your area and see what plans they offer. Costs vary widely with private insurers in each state, making it difficult to fix an average cost.

All of these figures apply only to the 36 states whose residents buy plans through the federal exchange on HealthCare. For families in which both spouses have company health insurance, it is critical to carefully compare one plan may be a much better deal. This means that you pay 100 per cent of your health care costs out of pocket until you have paid a predetermined amount. Now that you're enrolled, we'll send you reminders of deadlines, plus tips on how to sign up, stay enrolled and get the most out of your health insurance.

To qualify, a company must have fewer than 50 full-time employees and cannot offer a group health insurance policy to any employee. The average rates paid for health insurance plans are inversely related to the amount of coverage they offer, with Platinum plans being the most expensive and Bronze and Catastrophic plans the cheapest. This is a fixed amount, rather than a percentage, that is paid for a health service once the deductible is reached. Basically, the government pays a portion of the premium directly to your health insurance company, and you are responsible for the rest.

To help you, we have listed the cheapest silver health plan for each county in Florida, as well as sample prices for families of different sizes. Under Obamacare, you may qualify for a subsidy, or premium tax credit that reduces the amount of money you must pay each month if your income falls below a certain level.

Erika Ossenfort
Erika Ossenfort

Hipster-friendly food fan. Professional pop culture advocate. Freelance internet ninja. Devoted web fan. Extreme music evangelist.

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