What is the average cost for health insurance?
Individual health insurance:
- Bronze plan: $393 per month
- Silver plan: $456 per month
- Gold plan: $581 per month
- Platinum plan: $775 per month
Family health insurance:
- Bronze plan: $1,054 per month
- Silver plan: $1,273 per month
- Gold plan: $1,649 per month
- Platinum plan: $2,228 per month
Employer-sponsored health insurance:
- The average yearly health insurance premium for employer-sponsored coverage is $22,221 for families and $7,739 for individuals.
These figures represent national averages and actual costs may vary significantly depending on specific circumstances. Additionally, these estimates do not include out-of-pocket expenses such as copays, coinsurance, or deductibles, which can further increase the cost of health insurance.