Arizona residents can purchase affordable health insurance plans through the state’s marketplace, or low-income households may be eligible for coverage through the Arizona Medicaid Expansion. To help you find the best health insurance plan for your family, we review all policies in the state marketplace to find those with the lowest premiums.
In most of Arizona, the cheapest silver health insurance plan is Blue AdvanceHealth Silver – Neighborhood Network, which has the lowest premium in 11 of Arizona’s 15 counties.
cheaper health insurance coverage by metal level
Health insurance plans on the Arizona Exchange are divided into metallic tiers, which indicate the benefits you would receive from a policy, as well as out-of-pocket costs and premiums. To help you find an affordable health insurance plan for you, we’ve compared everything listed in the Arizona marketplace and identified the most affordable policies in each metal tier.
Not all of these health insurance policies are offered in every county, but we recommend using them to get an idea of the costs and benefits you can expect at each level of coverage.
The actual cost of a health insurance policy will vary based on your age, as well as the policy you choose and the number of people covered. As you can see below, the cost of a health insurance plan in Arizona is 22% cheaper for a 21-year-old than for a 40-year-old, which translates to an average savings of $125 per month for the average silver plan. a 60-year-old, on the other hand, would end up paying $648 per month more than a 40-year-old for the same level of coverage.
finding your best health insurance coverage in arizona
if your household income falls below 138% of the federal poverty level, you may qualify for the arizona expanded medicaid program for health insurance coverage. For those who don’t qualify, the county you live in, your household income, and your expected medical expenses will help determine the best affordable health insurance plan available through the Arizona Marketplace. different health plans are available in different counties. For example, a Pima resident would have different coverage options than a person living in Apache.
Within a given county in Arizona, you will be able to choose from different metal level health plans, each of which has its own advantages and disadvantages.
gold plans: best if you have high expected medical costs
Although gold health insurance policies have the highest premiums (on average, they are almost 20% more expensive than silver plans in arizona), your variable expenses will be much lower. Gold health plans have the lowest cost-sharing features, such as deductibles, copays, and coinsurance, making them the best health insurance option for those with high anticipated medical expenses.
If you have ongoing prescription needs, for example, you’ll likely find that gold plans have the most affordable out-of-pocket drug costs.
the cheapest gold plan in arizona is bright health gold 1000 direct. compare all levels in arizona above.
silver plans: best for average medical costs or people with low income
Silver plans are eligible for cost-sharing subsidies, so one of these policies is likely to be the best affordable health insurance plan if you live in a low-income household. Silver policies are also a good compromise between Gold and Bronze plans, combining affordable monthly premiums with out-of-pocket costs if you need medical care.
the cheapest silver plan in arizona is bright health silver 4000 direct. compare all levels in arizona above.
bronze and catastrophic plans: best for healthy people with low expected medical costs
Catastrophic plans are only available to people under the age of 30 or those who meet certain requirements, but we would only recommend these policies for people who are fairly young and healthy. Similarly, a bronze plan is probably the best affordable health insurance policy if you have low expected medical costs and can afford high out-of-pocket expenses should you need medical care.
the cheapest bronze plan in arizona is ambetter essential care 1 through health net of arizona, inc. the cheapest catastrophic plan is bright health catastrophic 8700 direct . compare all levels in arizona above.
changes in health insurance rates in arizona
In arizona, health insurance premiums, deductibles, and out-of-pocket maximums are determined annually by health providers. the changes are then approved by state and federal regulators.
In 2022, most health insurance premiums increased in the Arizona health insurance market. the largest increase was seen in bronze level plans, which grew by 30%. meanwhile, average premiums for catastrophic plans decreased 31%.
short term medical insurance in arizona
you can buy short term health insurance in arizona. Federal regulations allow short-term health insurance to last up to 12 months or 364 days per term, with renewals up to a total duration of three years. Arizona follows federal regulations regarding term limits on short-term health insurance.
Most short-term plans don’t cover essential benefits, including maternity, mental health, and prescription drug coverage. For this reason, they are not qualified Affordable Care Act (ACA) plans and are not offered in the state marketplace. It may be helpful to consider short-term health insurance if you’re looking for a more affordable option for health coverage or if you missed out on open enrollment.
the best cheap health insurance companies in arizona
there are six health insurance companies on the arizona health exchange for 2022:
blue cross and blue shield of arizona, inc. offers silver plans at the best price in 11 arizona counties. If you want to compare health plans from multiple companies, you may not be able to do so based on where you live, as certain insurers are only available in select counties. blue cross blue shield of arizona is the only insurer available statewide.
cheapest health insurance plan by county
lowest cost health plan and your price will vary depending on the region you live in. For example, you would pay $218 per month less for the Blue AdvanceHealth Silver – Neighborhood Network health plan if you live in Santa Cruz County than you would as a resident of La Paz County. To help you find the best health insurance plan where you live, we’ve identified the cheapest silver policies in each county below.
average cost of health insurance by family size in arizona
The cost of a health insurance plan in Arizona will vary depending on the size of your family, as well as your age and the policy you choose. For example, the average price of a silver health insurance plan in Arizona would be $690 more for a family of five than for a family of three.
Health insurance premiums are determined for each adult based on their age, while children under 15 have a fixed price. So, if you add your 40-year-old spouse to your health insurance plan, your premium would increase by an average of $577 per month in Arizona. but the cost of an average silver health plan would only increase by $345 per child added to the policy.
frequently asked questions
Arizona health insurance rate data in this analysis were obtained from the Centers for Medicare & Medicaid Services (CMS) website. valuepenguin used cms public use files (poof) in our calculations to average premiums across a variety of factors, such as metal tier, county, and family size. Our analysis used plans and providers for which county-level data was included in the CMS match file; those excluded from this dataset may not appear.