The age at which you'll get the least expensive health insurance coverage depends on a few factors, including where you live and the type of health plan you'd like to purchase. Generally speaking, plans available on the marketplace tend to be less expensive for younger people, with premiums for adults under the age of 30 often being much lower than for those over the age of 45.
Here are a few tips for finding the least expensive health insurance coverage based on your age:
• Look for Plans on the Health Insurance Marketplace: In most states, health plans available on the health insurance marketplace have been designed to be more affordable for people of all ages, including those in their 20s and 30s. Visit healthcare.gov to explore the plans available in your area and find the one that's right for you.
• Use Online Cost Estimators: Many insurers now offer cost estimators on their websites, which can provide you with an idea of how much your health insurance plan may cost. Using these calculators can help you compare the costs of different plans and determine which one is the most affordable for your age group.
• Consider Short-Term Plans: If you're looking for health insurance coverage for a specific period of time, such as a few months, you may want to consider a short-term plan. These plans typically have lower premiums than longer-term plans and can provide some coverage for the period of time that you need.
• Talk to an Insurance Agent: You may also want to speak with an insurance agent who can help you find the health plan that fits your needs and budget. An agent can provide you with more detailed information about prices and coverage, as well as any special discounts or savings you may qualify for based on your age.