How much does a RN pay for health insurance?

The cost of health insurance for a registered nurse (RN) varies depending on several factors, including the type of insurance plan, the insurance carrier, the state or region where the RN lives, and the RN's individual health status and risk profile. Here are some general estimates:

1. Employer-Sponsored Health Insurance: Many RNs receive health insurance coverage through their employers as part of their compensation package. The cost of this coverage is typically shared between the employer and the employee, with the employee contributing a portion of the premium through payroll deductions. The cost of employer-sponsored health insurance can vary widely depending on the specific plan and the insurance carrier. On average, employees can expect to pay between $100 to $300 per month for individual coverage and between $200 to $500 per month for family coverage.

2. Individual Health Insurance: RNs who do not have access to employer-sponsored health insurance can purchase individual health insurance plans directly from insurance carriers or through the Health Insurance Marketplace (also known as the Obamacare Marketplace). The cost of individual health insurance varies depending on the level of coverage, the type of plan (such as PPO, HMO, or EPO), the deductible, and the coinsurance or copayment rates. On average, individual health insurance plans can range from $200 to $800 per month for a single person and $600 to $2,000 per month for a family.

3. Medicare Health Insurance: RNs who are 65 years or older or have a qualifying disability may be eligible for Medicare, the federal health insurance program for seniors and individuals with disabilities. Medicare offers various parts, including Part A (hospital insurance) and Part B (medical insurance). Part A is typically premium-free, while Part B has a standard monthly premium, which is currently set at $164.90 in 2023.

It's important for RNs to carefully evaluate and compare different health insurance plans based on their individual needs, budget, and health status. They should consider the coverage details, premiums, deductibles, coinsurance, copayments, out-of-pocket maximums, network providers, and other factors that may impact the overall cost and value of the insurance plan.