Health insurance, like, well, all insurance, sucks. It sucks paying for it. It sucks trying to actually use WHAT YOU ARE PAYING FOR. It just sucks. And yet, without it, you run the risk of being completely screwed instead of just partially by your insurance company.
So yeah, there is simply no way to avoid it.
However, we can try to make buying insurance as painless as possible and that means shopping around (which also sucks). At the very least, we can help you figure out if the state you currently reside in is better or worse than the other 49 states when it comes to cost of insurance.And we can do that thanks to the financial wizards over at cost information website HowMuch.net who put together two very handy maps showing the most and least expensive states for health insurance in America.
The two maps below, as I mentioned, first show health insurance rates by state, and then the second map displays the average annual deductibles with a silver plan. Find your state and see how it compares to others.
Here are some highlights of what their research uncovered…
The Five States With The Lowest Monthly Premiums
• Hawaii: $411
• Idaho: $415
• Utah: $423
• Arkansas: $431
• Mississippi: $432
The Five States With The Highest Monthly Premiums
• Alaska: $780
• Wyoming: $662
• New York: $624
• Vermont: $607
• New Jersey: $591
And here are those numbers in map form with states colored red have an average monthly premium of between $651 and $780, states colored pink are between $451 and $550, states colored light green are between $451 and $550 and states colored dark green are between $411 and $450. All data was collected from United Benefit Advisors.
