Average Health Insurance Cost for Single Male


Average Health Insurance Cost for Single Male | healthGDS.com
The cost of health insurance has been rising at a far faster clip than prices elsewhere in the economy. If you're single, young and relatively healthy, you might actually be surprised at the wealth of affordable health insurance options available to you. If you're a male, your insurance options may be even more affordable: Unlike female policyholders, men don't have to worry about ongoing prenatal costs and other miscellaneous expenses. Unfortunately, most insurance companies build these costs into the premiums that their female policyholders must pay.

Average Health Insurance Premiums and Deductibles Nationwide Unsubsidized Shoppers

Are you getting government subsidies to help cover the cost of your health insurance premiums? If you qualify for subsidies, it can really help you keep your monthly expenses in check. But what does health insurance cost without a subsidy?
Premiums health insurance for individual coverage averaged $321 per month while premiums for family plans averaged $833 per month. The average annual deductible health insurance for individual plans was $4,358 and the average deductible health insurance for family plans was $7,983.

How Much Does Company-Based (Group) Health Insurance Cost?

Published by the Kaiser Family Foundation, the 2016 Employer Health Benefits Survey provides key insights into group health insurance trends and costs.
Average monthly premiums health insurance for self-only coverage: $536
Average monthly premiums health insurance for family coverage: $1,511
The cost of the average family premium increased by more than 3 percent compared to year ago. The cost of the average premium for single coverage didn’t change enough to be significant.

What is The Average Cost of Health Insurance for a Single Male?

The best way to determine what the cost of health insurance for a single male is to get a quote. There are so many things that can influence what one may end up paying for health insurance. For instance, health insurance plans are broken down into metal tiers. There are bronze, silver, gold, and platinum health insurance plans to choose from (each with a different actuarial value).This determines how much of your overall healthcare costs your insurance provider will pay. Additionally, there are different levels of health insurance deductibles and copays, all unique to each health insurance plan.

Average Cost Of Health Insurance for Single Male

One of the primary factors in health insurance costs for single male depends on where he live. In this first table we look at health insurance premiums and how they differ based upon the state you reside in.

In the US, health insurance is in the highly competitive market and rates(premiums) are based on the health actuaries calculations and certification which are approved by the State Insurance Commissioner’s office. Under the circumstances, they are tied to the underwriting principles and methods. It is a difficult question to answer in terms of average amount. Information like age, and health status with the absence or presence of risks factors like smoker-use of alcohol , past illness and present health condition etc. determines the acceptance and rate of health insurance cost. Then there are many products in the healthcare insurance offered by same company.

0 Response to "Average Health Insurance Cost for Single Male"

Post a Comment

Iklan Atas Artikel

Iklan Tengah Artikel 1

Iklan Tengah Artikel 2

Iklan Bawah Artikel