Best Cheap Health Insurance in Indiana for 2026
CareSource has the best health insurance in Indiana. A Silver plan from CareSource can cost as little as $532 per month before discounts.
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Best and cheapest health insurance in Indiana
Cheapest health insurance companies in Indiana
Anthem, Ambetter and CareSource sell the cheapest health insurance plans in Indiana, with Silver plans starting at $440 per month before discounts.
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Affordable health insurance in Indiana
Company |
Cost
| |
|---|---|---|
| Anthem BCBS | $440-$535 |
| Ambetter | $461-$679 |
| CareSource | $532-$699 |
| Cigna | $534-$665 |
- Anthem has the cheapest overall rates in Indiana starting at $440 per month for a Silver plan, but CareSource is a better choice is often a better choice because it has a better reputation for plan quality and customer satisfaction.
- Anthem BCBS has the cheapest rates for nearly everyone in Indiana. The company has the most affordable quotes in every large city in Indiana, including the Indianapolis metro area, Fort Wayne and Evansville.
- Ambetter is the cheapest option for five counties in the southern part of the state, near Louisville.
Aetna will stop selling new health insurance plans in Indiana at the end of this year. If you have Aetna coverage, you'll need to choose a new company when open enrollment starts on Nov. 1, 2025. You can sign up through Jan. 15, 2026.
Consider CareSource for a good combination of service and affordable coverage or Anthem if you want the cheapest rates in Indiana.
Best health insurance companies in Indiana
CareSource has the best health insurance in Indiana for most people.
CareSource has a good 4-out-of-5-star rating from HealthCare.gov. That means CareSource customers have an easy time visiting the doctor, and they're generally happy with the quality of their medical care. Plus, it's available everywhere in Indiana.
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Best-rated health insurance companies in Indiana
Company |
ACA rating
|
VP rating
|
|---|---|---|
| CareSource | ||
| Cigna | ||
| Anthem BCBS | ||
| Ambetter | N/A | |
| UnitedHealthcare | N/A |
Cigna: Best for flexible coverage
Cigna is the best health insurance option in Indiana if you want more flexibility when it comes to getting specialty care.
Cigna is one of two companies in Indiana to offer EPO (exclusive provider organization) plans, which make it easier to see specialists than HMO (health maintenance organization) policies. With an EPO, you can see specialty doctors in your network without first getting a referral from your primary care doctor.
No insurance company sells PPO (preferred provider organization) plans on the Indiana state health exchange.
EPO plans don't let you see out-of-network doctors unless you need emergency care. You may also need to get permission from your insurance company before you can see a specialist, called pre-authorization.
An EPO may make sense for you if you need a lot of specialty care and doctors you want are in the plan network. Otherwise, you'll usually save money by choosing an HMO plan.
UnitedHealthcare also offers EPO plans, but UnitedHealthcare is only available to 7% of Hoosiers. Plus, it has expensive rates.
How much does health insurance cost in Indiana?
Health insurance in Indiana costs an average of $558 per month if you pay full price, but if you get discounts based on your income, you could possibly pay an average of $174 per month.
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- Higher plan tiers, like Gold, cost more each month, but they let you get cheaper medical care.
- Your age also affects your health insurance costs, since your medical needs tend to increase as you get older.
- Monthly rates start cheap and increase sharply as you reach middle age. In Indiana, a 60-year-old will pay more than twice as much as a 40-year-old for the same level of coverage across all plan tiers.
Health insurance discount changes in Indiana for 2026
Medical insurance costs $558 per month in Indiana, or it could be around $174 per month, on average, if you're eligible for discounts.
If you can get subsidies, average rates are projected to rise from about $80 per month in 2025 to $174 per month in 2026. That's because discounts are getting smaller in 2026.
Between 2021 and 2025, you could get extra discounts, called "expanded subsidies," when you got coverage through HealthCare.gov. You can still get discounts in 2026, but the amount will be smaller than in years past.
Health insurance rates in Indiana after subsidies (2025 vs. 2026)
Income | 2025 rate | 2026 rate | Difference |
|---|---|---|---|
| $30,000 | $49 | $155 | 216% |
| $40,000 | $154 | $287 | 86% |
| $50,000 | $283 | $415 | 47% |
| $60,000+ | $382 | $474 | 24% |
Average cost after subsidies for a single 40-year-old with a Benchmark Silver plan.
- Who can get subsidies? You can get discounts if you make between $15,650 and $62,600 per year as a single person ($32,150 to $128,600 per year for a family of four). The less you make, the higher your discount.
- How do subsidies work? You can use your subsidy on any Bronze, Silver, Gold or Platinum plan available on HealthCare.gov. You can choose to have your subsidy applied directly to your monthly rate, or you can get it as a lump sum at the end of the year.
- How much do you save? ValuePenguin's subsidy calculator will give you an idea of how much you'll pay for coverage after discounts.
Cheap Indiana health insurance plans by city
Anthem BCBS has the cheapest health insurance in Indianapolis and its major suburbs, such as Carmel, Fishers and Noblesville.
Anthem also has the most affordable coverage in most other Indiana cities, including Fort Wayne, Evansville and South Bend.
Cheapest health insurance plans by IN county
County | Cheapest plan | Monthly rates |
|---|---|---|
| Adams | Anthem Silver Essential 7000 | $509 |
| Allen | Anthem Silver Essential 7000 | $506 |
| Bartholomew | Anthem Silver Essential 7000 | $474 |
| Benton | Anthem Silver Essential 7000 | $460 |
| Blackford | Anthem Silver Essential 7000 | $457 |
Cheapest Silver plan with rates for a 40-year-old
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Anthem has the cheapest rates for nearly everyone in Indiana. Ambetter has more affordable coverage for some parts of Southern Indiana, mostly in the area around Louisville.
Best health insurance by level of coverage
The best health insurance for you depends on your monthly budget, how often you go to the doctor, what you can afford to spend on medical care and where you live.
One thing to think about when choosing your health insurance is your plan tier. The tier you choose — Catastrophic, Bronze, Silver, Gold or Platinum — determines how much you can expect to pay monthly, and also how much you’ll have to pay when you go to the doctor. These are called "out-of-pocket costs" and include your deductible, copays and coinsurance.
Silver plans are a good choice for most people, as they offer affordable rates and reasonable out-of-pocket costs. However, you might choose a Catastrophic or Bronze plan if you're younger or healthier, since you'll probably save money overall with low monthly rates. But Gold or Platinum plans might make the most sense for you if you're in and out of the hospital frequently.
Platinum plans: Best if you need expensive treatment
| Platinum plans pay for about 90% of your medical care. |
In Indiana, Platinum plans cost $1,142 per month, on average. But you don't have to pay anything out of pocket before coverage starts, because these plans have a $0 deductible.
A Platinum health plan is a good choice if you expect to need a lot of expensive medical care in the coming year. That's because Platinum plans have high monthly rates, but you pay very little when you see the doctor.
Gold plans: Best if you need medical care often
| Gold plans pay for about 80% of your medical care. |
Gold plans cost an average of $791 per month in Indiana.
Gold plans have high monthly rates, but you'll pay less when you visit the doctor or get a prescription filled. Gold plans also usually have lower deductibles, meaning your medical insurance will kick in sooner if you get sick.
Gold plans are best for people with chronic illnesses, expensive prescriptions or those who need expensive treatments. Even though you'll pay more each month, the low out-of-pocket costs can make the plan worthwhile.
Silver plans: Best for most people
| Silver plans pay for about 70% of your medical care. |
You'll pay an average of $558 per month for a Silver plan in Indiana.
Silver plans are a good option for most people, as they offer a balance between affordable monthly rates and reasonable out-of-pocket costs.
If you aren't sure what level of coverage you need, start by looking at Silver plans. If you have a low income, you might also qualify for extra discounts with a Silver plan that can lower what you pay when you go to the doctor.
Bronze plans: Best for healthy people with emergency savings
| Bronze plans pay for about 60% of your medical care. |
Hoosiers pay an average of $454 per month for Bronze plans.
Bronze plans usually have the lowest monthly rates. However, high out-of-pocket costs can make a Bronze plan more expensive than a Silver or Gold plan if you become seriously sick or injured.
You should only consider a Bronze plan if you're in good health and have enough money in your savings account to cover an unexpected medical bill.
Cheap or free health insurance in Indiana if you have a low income
Medical insurance in Indiana is cheaper than it is in many other states. But if you still can't afford a plan or struggle to pay for doctor visits, you might be able to get extra help from the state.
Medicaid in Indiana
Medicaid is a form of free health insurance offered by the government.
In Indiana, you can go on Medicaid if you earn about $22,000 per year ($44,000 for a family of four) or less. If you're over the age of 65, you may qualify for both Medicaid and Medicare, which could lower your medical costs even further.
Use cost-sharing reductions for cheaper medical care
If you buy a Silver plan, you might qualify for extra discounts that lower what you pay when you go to the doctor by giving you a smaller deductible, copay and coinsurance. They're called cost-sharing reductions (CSRs).
If you qualify for cost-sharing reductions, you might also qualify for rate subsidies that lower the monthly cost of your insurance.
Are health insurance rates going up in IN?
The cost of health insurance is increasing by 21%, on average, in Indiana between 2025 and 2026.
Gold health plans rose the most, at 33%, on average. Silver plans got 29% more expensive, on average, and the average price of a Bronze plan increased by 21%. Rate for Platinum plans remained flat year on year. Between 2022 and 2026, the cost of a Silver health plan in Indiana went up by 29%, on average.
Bronze
Silver
Gold
Platinum
Year | Cost | Change |
|---|---|---|
| 2022 | $377 | – |
| 2023 | $384 | 2% |
| 2024 | $396 | 3% |
| 2025 | $375 | -5% |
| 2026 | $454 | 21% |
Monthly costs are for a 40-year-old. Expanded Bronze plans are included in 2024, 2025 and 2026 averages, when they're offered.
Bronze
Year | Cost | Change |
|---|---|---|
| 2022 | $377 | – |
| 2023 | $384 | 2% |
| 2024 | $396 | 3% |
| 2025 | $375 | -5% |
| 2026 | $454 | 21% |
Monthly costs are for a 40-year-old. Expanded Bronze plans are included in 2024, 2025 and 2026 averages, when they're offered.
Silver
Year | Cost | Change |
|---|---|---|
| 2022 | $433 | – |
| 2023 | $425 | -2% |
| 2024 | $436 | 3% |
| 2025 | $432 | -1% |
| 2026 | $558 | 29% |
Monthly costs are for a 40-year-old.
Gold
Year | Cost | Change |
|---|---|---|
| 2022 | $573 | – |
| 2023 | $571 | 0% |
| 2024 | $583 | 2% |
| 2025 | $596 | 2% |
| 2026 | $791 | 33% |
Monthly costs are for a 40-year-old.
Platinum
Year | Cost | Change |
|---|---|---|
| 2025 | $1,141 | – |
| 2026 | $1,142 | 0% |
Monthly costs are for a 40-year-old.
Catastrophic plans were not available on the Indiana health marketplace in 2025.
Why is health insurance expensive in Indiana in 2026?
Health insurance rates are going up because of a continued increase in the cost of health care.
When health care costs go up, health insurance companies have to pay more when their customers go to the doctor or get medication. To make up for the higher costs, companies raise rates for everyone.
In addition, the high cost and popularity of GLP-1 weight-loss drugs like Ozempic and Wegovy have put a strain on many insurance companies.
Another possible cause for higher rates in 2026 is a change in marketplace discounts. Since 2021, people with low incomes have been able to get bigger discounts, called "enhanced subsidies." However, these extra discounts are set to expire at the end of 2025. Unless Congress extends them, you'll likely pay for health insurance even if you get discounts.
What to do if your rate goes up in 2026
- Shop around and get quotes. Look at the other medical insurance companies in your area and see if there's a cheaper option that still meets your needs. Just make sure your doctors accept the plan before you buy it.
- Consider a lower-tier plan. You could drop down to a lower-tier plan like Bronze, as long as you don't go to the doctor often. Just keep in mind that this means you’ll have to pay for more of your medical care yourself. Opening an HSA can be a good way to save for medical costs.
- Check if you can get discounts. Discounts offered may not be as big in 2026, but you should still check to see if you qualify. If you have a lower income, subsidies are an easy way to get a cheaper monthly rate.
- See if you can get Medicaid. In Indiana, you can get Medicaid if you make less than around $22,000 per year as an individual or $44,000 per year as a family of four. If you can get Medicaid, your health care will usually be free or very cheap.
Marketplace insurance in Indiana is also called "Obamacare" insurance or "Affordable Care Act (ACA)" insurance. Any plan that you buy on HealthCare.gov is a marketplace plan.
No matter what plan tier you buy, you'll have coverage for at least 10 common health care situations, including doctor visits, emergency care and prescriptions.
The difference between the plan tiers is how much of your medical bills they'll pay. Bronze plans pay the least and Gold plans pay the most.
Average cost of health insurance by family size in Indiana
In Indiana, as in most places, your medical insurance costs will grow along with the size of your family. A single parent and child can expect to pay $892 per month for coverage on average.
Children under the age of 15 are charged a flat rate of $334 per month on average. Rates increase each year for your spouse and children 15 and over.
A typical married couple of two 40-year-old people will pay $1,116 per month.
Family size | Average monthly cost |
|---|---|
| Individual | $558 |
| Individual and child | $892 |
| Couple | $1,116 |
| Family of three | $1,450 |
| Family of four | $1,784 |
Averages based on a Silver plan for 40-year-old adults and children who are under age 15.
COBRA insurance in Indiana
In Indiana, COBRA costs an average of about $767 per month for an individual and $2,216 per month for families.
COBRA is a program that lets you keep the health insurance you had with your employer for a year and a half from the time you leave.
Unless you need a specific type of coverage that's only available on the plan from your old job, it's usually a better option to buy a plan from HealthCare.gov. A Silver plan costs $558 per month for one person and $1,784 per month for a family of four. That's much cheaper than COBRA.
Short-term health insurance in Indiana
The Trump administration rolled back a rule in January that would limit the length of short-term health policies to three months. Short-term health insurance is now available in Indiana for up to 364 days, and you can renew your plan for up to three years total.
You can buy a short-term health plan at any time of the year, which makes it a good option for people who can't get regular medical insurance. However, short-term policies usually have worse coverage than marketplace plans.
Pros of short-term health insurance in Indiana
Cons of short-term health insurance in Indiana
Health insurance enrollment by income level in Indiana
People who earn a low income will be most impacted by lower health insurance subsidies in 2026.
That's because people who make less money tend to get coverage from HealthCare.gov more than other groups. For example, in Indiana in 2025, roughly three-quarters of people with marketplace coverage earned less than $37,650 per year.
Enrollment by income
Income | % of total enrollment |
|---|---|
| Less than $15,060 | 1% |
| $15,060 to $20,783 | 10% |
| $20,784 to $22,590 | 34% |
| $22,591 to $30,120 | 20% |
| $30,121 to $37,650 | 9% |
Enrollment in 2025 marketplace plans made during the 2024-2025 Open Enrollment period. Total may not be 100% due to rounding
Frequently asked questions
Does Indiana have free health care?
You can qualify for Medicaid, which gives you free health insurance in Indiana, if you make roughly $22,000 per year ($44,000 for a family of four) or less. Adults age 65 and older may qualify for Medicare, and working-age adults may be eligible for marketplace subsidies if they buy their health insurance through HealthCare.gov and have a low income.
How much is health insurance in Indiana per month?
In Indiana, a 40-year-old will pay $558 per month for a Silver health insurance plan, on average. Both your age and the plan tier you choose will influence your
What is the most popular health insurance in Indiana?
Anthem Blue Cross Blue Shield is the most popular health insurance company in Indiana, selling more than half the plans in the state. It also has the cheapest average costs for a Silver health plan in Indiana, and gets significantly fewer complaints compared to the average health insurance company when adjusted for size.
Can I get health insurance for $100 a month in IN?
If you have a low income and you can get discounts, you might be able to get health insurance for $100 per month in Indiana. Before discounts, medical insurance usually costs an average of $558 per month for a 40-year-old with a Silver plan, or $437 per month for a 21-year-old with the same coverage.
Methodology
Indiana health insurance rate data for 2026 is from the Centers for Medicare & Medicaid Services (CMS) website. ValuePenguin used the CMS public use files (PUFs) to find average rates for different plan tiers, geographic locations and family sizes.
Rates
Rates are based on a 40-year-old with a Silver plan, unless otherwise noted. Rates for Bronze plans include regular and Expanded Bronze plans for 2024, 2025 and 2026, when the plans are available. Your costs and plan options will vary; plans aren't always available in all parts of a state or county.
Subsidies
Rates after subsidies are estimates for a 40-year-old with a Benchmark Silver plan and are based on how subsidies were structured before 2021. Prices are calculated using KFF's rates for full-price Benchmark plans, federal poverty levels (FPLs), IRS rules about premium tax credits and Congressional reports about expanded tax credits. The total cost in the state uses calculated rates by income, which are weighted using CMS data on the incomes of those who purchased plans during last year's open enrollment. The median was used for each income range. Unknown incomes were excluded from the calculations. Incomes of 100% of the federal poverty line and 500% of the federal poverty line were assumed for enrollees who earn less than 100% FPL and more than 500% FPL, respectively. Information about state subsidies, when available, was sourced from state marketplaces.
Ratings
ValuePenguin's experts rank companies based on cost, coverage options, customer satisfaction and unique value. Ratings are out of 100 possible points. ACA ratings show how the company performs in Indiana for medical care, member experience and plan administration. This 2026 plan quality data from CMS is based on data from last year. Ratings are not available for new plans or plans with low enrollment.
More sources
Enrollment trends, including plan selections by tier and enrollment by income, are from CMS data for the 2025 open enrollment period.
Other sources include S&P Global Capital IQ and the National Association of Insurance Commissioners (NAIC).
Senior Writer
Talon Abernathy is a ValuePenguin Senior Writer who specializes in health insurance, Medicare and Medicaid. He's also contributed to other insurance verticals including home, renters, auto, motorcycle and flood insurance.
Talon came to ValuePenguin in 2023. Since his arrival, he's helped to expand the site's health insurance-related content offerings. He enjoys helping readers understand the ins and outs of America's all too complicated health insurance landscape.
Before coming to ValuePenguin, Talon worked as a freelance writer. His prior work has touched on a broad range of personal finance-related topics including credit-building strategies, small business incorporation tactics and creative ways to save for retirement.
Insurance tip
In many parts of the country, you can qualify for a free Silver health insurance plan if you meet certain income requirements. Government subsidies in the form of premium tax credits and cost-sharing reductions may mean you'll pay nothing for coverage.
Expertise
- Health insurance
- Medicare and Medicaid
- Flood insurance
- Homeowners insurance
- Renters insurance
- Auto and motorcycle insurance
Referenced by
- The Miami Herald
- Money.com
- MSN
- Nasdaq
- The Sacramento Bee
- Yahoo! Finance
Education
- BA, University of Washington
- Certificate in Copyediting, UC San Diego
Credentials
- Licensed Life & Disability Insurance Agent
- Licensed Property & Casualty Insurance Agent
Editorial note: The content of this article is based on the author's opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.
