1

Find Average Cost of Health Insurance in USA

Embed Size (px)

Citation preview

Page 1: Find Average Cost of Health Insurance in USA

AVERAGE COST OF MEDICAL INSURANCE IN USA

Rates for individual coverage in health insurance plans (2014)

www.truecoverage.com

Individual health coverage vs. Group health coverage (2014)

Group health insurance policy (2014)

Average cost of individual health insurance policy (2014)

SALARY(Annual)

PLAN TYPE

PREMIUM ALONG WITH TAX CREDIT PREMIUM

AGE

27 Years $25,000 Silver $167 (monthly)

30 Years $30,000 Silver $208 (monthly)

47 Years $50,000 Silver $338 (monthly)

SINGLE $346 MONTHLY $82 MONTHLY $502 MONTHLY $6,025 YEARLY

FAMILY $667 MONTHLY _ $1043 MONTHLY $16,834 YEARLY

55 Years Silver Silver $482 (monthly)

INDIVIDUAL COVERAGE WITHOUT TAX CREDIT

INDIVIDUAL COVERAGE WITH TAX CREDIT

GROUPCOVERAGE

NATIONAL AVERAGE COST

STATUS

PLAN LEVEL

% OF PEOPLE WHO TOOK THE PLAN WITH TAX CREDITS

AVERAGE PREMIUM WITHOUT TAX CREDITS

AVERAGE AMOUNT OF TAX CREDIT

AVERAGE PREMIUM POST TAX CREDIT

AVERAGE REDUCTION % POST TAX CREDITS

SINGLE $90 $412 $502 $1080 $4945 $6025

FAMILY $402 $1001 $1403 $4824 $12010 $16834

EMPLOYEE CONTRIBUTION MONTH

EMPLOYER CONTRIBUTION MONTH

TOTAL COST MONTH

EMPLOYEE CONTRIBUTION YEAR

EMPLOYER CONTRIBUTION YEAR

TOTAL COST YEAR

STATUS

BRONZE 73% $289 $221 $68 76%

SILVER 94% $345 $276 $69 80%

GOLD 65% $428 $220 $208 51%

PLATINUM 64% $452 $232 $220 51%

ALL LEVELS 87% $346 $ 264 $82 76%