Hospital Indemnity Insurance Explained
Hospital indemnity insurance pays for costs associated with a hospital stay that aren’t covered by your primary insurance policy. You can... Read More
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Compare Health Insurance Rates
Let's begin with your zip code.
We'll find you a health insurance quote based on your needs.
Comparing health insurance quotes can get you a better deal on coverage.
ValuePenguin's health insurance calculator can give you rate estimates and plan recommendations. Our experts can help you:
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Rates
Coverage
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Networks
Compare health insurance quotes by cost
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By age
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Compare health insurance quotes by state
Learn more about the health insurance plans offered in your state:
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Compare health insurance quotes
By plan level
By age
By company
By location
Plan tier | Rate |
|---|---|
| Catastrophic | $361 |
| Bronze | $488 |
| Silver | $621 |
| Gold | $676 |
| Platinum | $913 |
Average monthly rates for a 40-year-old.
By plan level
Plan tier | Rate |
|---|---|
| Catastrophic | $361 |
| Bronze | $488 |
| Silver | $621 |
| Gold | $676 |
| Platinum | $913 |
Average monthly rates for a 40-year-old.
By age
Age | Rate |
|---|---|
| 20 | $471 |
| 30 | $552 |
| 40 | $621 |
| 50 | $868 |
| 60 | $1,319 |
Average monthly rates for a Silver plan.
By company
Company | Rate | |
|---|---|---|
| Kaiser Permanente | $507 |
| Ambetter | $516 |
| Aetna | $587 |
| Cigna | $591 |
| Blue Cross Blue Shield | $621 |
| UnitedHealthcare | $631 |
Average monthly rates for a 40-year-old with a Silver plan.
By location
State | Rate |
|---|---|
| Alabama | $564 |
| Alaska | $1,088 |
| Arizona | $529 |
| Arkansas | $494 |
| California | $656 |
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Average monthly cost for a 40-year-old with a Silver plan.
Compare health insurance coverage
The first step to picking the best health insurance plan is to compare the coverage.
Start with comparing each plan's deductible and out-of-pocket maximum limits. These amounts show you how much you have to pay for medical care yourself. The deductible is the amount you have to pay before your plan starts to cover your bills, and the out-of-pocket maximum is the most you could pay each year toward your medical bills.
To pick the right amount of coverage, think about what kind of medical care you might need and how much you can afford to pay each month for a plan. If you need a lot of medical care, choose a plan with a lower deductible and out-of-pocket maximum, so your plan pays for more of your bills. If you need a cheap plan, you'll likely have to pay for more of your medical care yourself.
Health insurance terms you should know
- Monthly rate: This is the price you pay each month for your health insurance plan. It's also called the premium.
- Deductibles, copays and coinsurance: You'll have to spend a certain amount of money on healthcare, called a deductible, before your plan starts paying for things. After you meet your deductible, you still have to pay part of your medical bill, either a flat fee called a copay or a percentage of the total bill, called coinsurance.
- Out-of-pocket maximum: The out-of-pocket maximum is the most you will have to spend on medical care in a year. After hitting this limit, the insurance company pays for the full cost of covered health services. Your deductible, copays and coinsurance usually all count toward reaching your out-of-pocket maximum. The monthly rate you pay is not part of the out-of-pocket maximum.
Learn more about the health insurance plans offered in your state:
Find Cheap Health Insurance Quotes in Your Area
Compare plan tiers
Private health insurance plans are divided into five categories: Catastrophic, Bronze, Silver, Gold and Platinum.
Coverage tiers help you know how much coverage you'll get and how much you'll pay each month. Typically, as your monthly rate increases, so does your coverage level.
Silver plans are a good place to start when comparing health insurance quotes. These plans offer middle-of-the-road coverage and rates. If you go to the doctor often or have expensive medical needs, a Gold or Platinum plan is usually the best option. The extra coverage usually makes the higher monthly cost worth it. A Bronze plan makes sense if you're young and mostly healthy. Just make sure that you have the savings to pay for more of your medical bills yourself.
Compare health insurance networks
A plan's network limits which doctors you can use, the flexibility of your coverage and how easy it is to see a specialist.
PPOs and HMOs are the two most common network types. PPOs typically cost more, but they let you see specialists without a referral. They also give you some coverage for doctors that aren't in the plan's network. HMOs are cheaper, but you only have coverage to see an in-network doctor. With an HMO, you'll also need to go through your primary care doctor to see a specialist, which can slow down your medical care.
Two less-popular plan types are exclusive provider organizations (EPOs) and point of service (POS) plans. These usually aren't the best option, and you might not even have any of these plans in your area.
Health insurance network comparison
Find Cheap Health Insurance Quotes in Your Area
Private health insurance is coverage that you buy from a health insurance company rather than the government.
Supplemental health insurance can help you manage costs that aren't covered by your main health insurance.
Supplemental insurance comes in different forms. For example, hospital indemnity insurance gives you cash payments when you have a hospital stay. You can spend these payments however you like .
Other types of supplemental coverage, such as dental and vision, can help you pay for things that don't fall under your normal health plan. Health insurance plans for adults don't usually cover dental care, so it's important to buy standalone coverage.
Frequently asked questions
How much does individual health insurance cost?
Health insurance costs $621 per month, on average, for an adult in the United States. However, the cost of plans will depend on your age, where you live and the level of coverage you choose.
How to compare two health insurance plans?
When comparing two or more health insurance plans, look at the total cost of each plan including the monthly rate and how much you would have to pay through the deductible, out-of-pocket maximum, copay and coinsurance. You should also compare the coverage, especially if you have an ongoing illness, disability or you're taking prescription drugs.
What are the cheapest health insurance quotes I can get?
You may be able to get cheap or free health insurance from HealthCare.gov or your state's marketplace site if you have a low income. That's because you might get subsidies, which lower the cost of your monthly rate. If you buy a Silver plan, you might also get discounts that make medical care cheaper. If you don't get either of these discounts, a Bronze or Catastrophic plan is often cheapest. And if you have a very low income, you might qualify for Medicaid.
What are the best health insurance companies?
The overall best health insurance companies are Kaiser Permanente and Blue Cross Blue Shield. However, health insurance plans vary in price and quality. Compare plan options based on your location, age, preferred doctors and medical needs.
How much is dental insurance?
Dental insurance typically costs between $15 and $25 per month. You can lower your rate even further by bundling your dental and health insurance policies together through the same company.
Health insurance research and advice
What Is Gap Medical Insurance?
Gap health insurance helps you pay for deductibles, copays and coinsurance on high-deductible health plans (HDHPs). This kind of... Read More
What Is Platinum Health Insurance?
Platinum health insurance is the most expensive type of health plan on the market. It’s best suited for people who have ongoing medical... Read More
Guide to Group Health Insurance
Group health insurance most commonly covers workers through their jobs. Some organizations also offer it to members.... Read More
Find Out if You're Eligible for Medicaid
The most common way to qualify for Medicaid is to have a low annual income. However, some states limit eligibility to qualifying pregnant... Read More
Health Insurance for Bariatric Surgery
Weight loss surgeries are covered by health insurance in some states and with certain plans. Finding a company and plan that covers... Read More
How Health Insurance Premiums Work
A health insurance premium is the money you pay to purchase and maintain a health insurance policy. Health insurance premiums can vary by... Read More
Gen Zers Nearly 3 Times More Likely Than Older Generations To Seek Therapy Since Start of Pandemic
60% of those who haven't seen a therapist recently say they don’t need it, but financial limitations are still a barrier for... Read More
STD Rates Spike By As Much As 505% Nationally Since 2000; North Dakota and Utah See the Biggest Jumps
Increases at the state level ranged from 18% to 369% between 2000 and 2020. Between 2019 and 2020, 10 states saw their rates... Read More
Sources and methodology
The average cost of health insurance uses 2025 quotes for a 40-year-old person sourced from public use files (PUFs) on the Centers for Medicare & Medicaid Services (CMS) government website and state marketplaces.