5 States with the Most Expensive Health Insurance Premiums

Today we are going to take a look at the list of the¬†¬†States with the Most Expensive Health Insurance Premiums, published by Insider Monkey. They have brought up with the compilation of the states with cheapest health insurance , which is also worth reading it. Since the coronavirus pandemic broke out, health insurance has been among the most important issues. In the United States the rate of uninsured people is about 8.9%, and the rest generally pay an amount between $5,815 to $8,666 depending on the state. The reason for the large differences among the states, can vary of lots of factors, such as different levels of taxes, or the number of hospitals, the average age of the population among others. Generally speaking, health insurance are cheaper in states with younger populations and higher number of working-age people. Generally speaking, health insurance are cheaper in states with younger populations and higher number of working-age people, but isn’t correlated to incomes. The national healthcare premiums average is around $7,388 representing 11.5% of the median household income, estimated at $64,202 for 2018.

And now, without an ado, let’s check out what Insider Monkey has investigated for you about the states with the most expensive health insurances. At first, on the fifth spot, we can find New Jersey with family health insurance premiums of $8,281. Although it’s costly for families, but if you are single, the situation is much more pleasant for you, as it’s $7.507 that is the third cheapest one in the United States. The median wage here is $43,600 and average earnings are $71,959 and the mean wage is $58,210. Arizona stands on the fourth spot of the compilation, with a family health insurance premiums of $8,364. Insurances for singles are around $6,229 which is much cheaper than what the families have to pay. Regarding to the wages, the annual median wage is around$37,020 and average earnings are at $57,422, while mean wage is $49,290. For more detailed and arresting information, please jump to the list of the states with the most expensive health insurance premiums.

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