Across the country, the average monthly individual health insurance premium per person in 2010 was $215, but there was significant variance among different states, according to a Kaiser Family Foundation study.
Alabama had the lowest individual monthly premiums at $136 per person, while Vermont and Massachusetts both had premiums of more than $400 per person, according to the study.
The study gave several reasons why there was such a large discrepancy among different states, including cost of living, age distribution of state population and other demographics, variable healthcare costs, benefits offered by plans and others. Starting in 2014, insurers will have to cover a standard essential benefit package in all states due to the Patient Protection and Affordable Care Act.
Read the study on individual health insurance premiums (pdf).
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Alabama had the lowest individual monthly premiums at $136 per person, while Vermont and Massachusetts both had premiums of more than $400 per person, according to the study.
The study gave several reasons why there was such a large discrepancy among different states, including cost of living, age distribution of state population and other demographics, variable healthcare costs, benefits offered by plans and others. Starting in 2014, insurers will have to cover a standard essential benefit package in all states due to the Patient Protection and Affordable Care Act.
Read the study on individual health insurance premiums (pdf).
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GAO Report: Oversight of Health Insurance Premium Rates Varies Across States