Looking for affordable health insurance? If you’re wondering which state offers the cheapest rates, Hawaii might surprise you. According to recent data, Hawaii boasts the lowest average premium for residents with single health insurance coverage through an employer, coming in at $911 annually. This makes it an attractive option for those seeking to balance quality coverage with budget-friendly rates.
But that’s not all. In addition to its low premiums, Hawaii also stands out with the lowest average deductible for residents with single health insurance coverage through an employer, averaging $1,310 annually. This means that not only are the premiums lower, but the out-of-pocket costs for medical expenses before insurance kicks in are also more manageable.
Choosing the right health insurance plan involves considering various factors such as premiums, deductibles, coverage, and network. With its affordable premiums and low deductibles, Hawaii emerges as a state where residents can find a good balance between cost and coverage. If you’re on the lookout for affordable health insurance without compromising on quality, Hawaii might just be the place for you.
(Response: Hawaii)