5 States With the Most Expensive Health Insurance in the US

In this article, we will discuss the 5 states with the most expensive health insurance in the US. If you want to read our discussion on the health insurance industry, you can go directly to the 15 States With the Most Expensive Health Insurance in the US.

5. New York

Monthly Health Insurance Cost: $776

Increase in Cost from 2022: 9%

New York has seen a significant increase in its average insurance premium rates from 2022 at 9%. Residents now struggle with an average premium of $776 and healthcare spending per capita of $13,012. In 2022, 4.9% of residents in the state remained uninsured.

4. South Dakota

Monthly Health Insurance Cost: $792

Increase in Cost from 2022: -2%

In 2022, South Dakota had the highest healthcare costs in the country. It currently has a per capita healthcare spending of $11,736 with an average insurance premium of $792. The average insurance rate in the state was $811 in 2022 and has seen a decline of around 2% this year.

3. Alaska

Monthly Health Insurance Cost: $822

Increase in Cost from 2022: 15%

Known for its isolated demographics, Alaska has struggled with high healthcare costs and health insurance rates for several years now. During the last year, there has been an increase of 15% in the average insurance cost, reaching the current rate of $822.

 2. West Virginia

Monthly Health Insurance Cost: $871

Increase in Cost from 2022: 5%

West Virginia has the second-highest average insurance premiums in the country. It currently stands at $871 and has seen an increase of 5% from last year’s insurance costs.

1. Wyoming 

Monthly Health Insurance Cost: $882

Increase in Cost from 2022: 15%

Wyoming is the state with the most expensive health insurance in the US, with an average monthly premium of $882. This comes after a 15% increase in insurance rates from last year. Wyoming had a total of 11.6% uninsured residents in 2022.