DEADLINE for 2026 Health Coverage Jan 15
How Much Does Health Insurance Cost Per Month
Oct 28, 2025
OEH
Learn what Open Enrollment is who it applies to why it matters and how to choose a health plan that fits your budget. Includes a checklist plus next steps if you miss the deadline.
Introduction
One of the most common questions people ask during Open Enrollment is how much health insurance actually costs per month. The answer depends on several factors including where you live your age your income and the type of coverage you choose. This guide breaks down what goes into the monthly cost and how to estimate what you might pay.
Average monthly cost of health insurance
Monthly health insurance costs vary widely. Some people pay relatively low premiums while others pay significantly more depending on their situation.
In general monthly cost is influenced by
Age
Location
Household size
Income level
Plan type and coverage level
Two people living in different states or with different incomes can see very different prices for similar coverage.
What affects the cost of health insurance
Health insurance pricing is not random. Several key factors determine what you pay each month.
Age
Premiums typically increase as you get older. Younger individuals often pay less while older individuals pay more due to higher expected healthcare use.
Location
Where you live matters. Healthcare costs provider availability and competition between plans vary by state and even by county.
Income and household size
Your estimated household income and size can impact eligibility for cost reductions or savings. Accurate income estimates help avoid overpaying or future adjustments.
Plan type
Different plans come with different cost structures. Some have lower monthly premiums but higher deductibles while others cost more monthly but offer more predictable expenses.
Premium versus total cost
The monthly premium is only part of the picture. A plan with a low premium may cost more overall if you use healthcare services frequently.
When estimating cost consider
Monthly premium
Deductible
Copays and coinsurance
Out of pocket maximum
A good comparison looks at what you might spend over the full year not just each month.
How to estimate your monthly cost
To get a realistic estimate
Start with your ZIP code
Estimate household income as accurately as possible
Think about how often you use healthcare
List prescriptions and preferred doctors
These details help narrow down plans that fit both your budget and your needs.
Common mistakes when thinking about cost
Many people focus only on the lowest monthly price. Common mistakes include
Ignoring deductibles
Not checking prescription costs
Overlooking provider networks
Choosing a plan that does not match actual usage
A slightly higher premium can sometimes lead to lower overall costs.
Closing
Health insurance cost per month depends on personal factors and plan design. Understanding how pricing works helps you make a decision that fits your finances without sacrificing coverage you may need later.