Health Insurance

Best Cheap Health Insurance in Maine 2021

Best Cheap Health Insurance in Maine 2021

Find Cheap Health Insurance Quotes in Maine

Currently insured?

Maine residents can find cheap health insurance options on the state exchange or through Medicaid if they qualify based on income.

We researched all health insurance plans available on the state marketplace and found that either Anthem Silver X POS 5900, Anthem Silver X HMO 5900 or Maine's Choice Plus HMO Silver 6500 was the cheapest Silver health plan in every county. However, the cheapest plan for you may depend on your choice of metal tier.

Select a plan tier to learn more:

The availability and monthly premium of health plans will differ based on where you live, as the cost of a health plan varied by up to $179 among counties in Maine.

Cheapest health insurance by metal tier

The cost of health insurance for an individual is significantly driven by your age, location and the metal tier of coverage you choose.

To help you in your search, we compared all health insurance plans in Maine to find the cheapest policy available for each tier of coverage. The table below can provide a good starting point in comparing the costs and benefits you may expect out of each tier of coverage.

Metal tier
Cheapest plan
Maximum out of pocket
Monthly cost for a 40-year-old
CatastrophicAnthem Catastrophic X HMO 8550$8,550$8,550$206
Expanded BronzeAnthem Bronze X HMO 7800$7,800$8,550$314
SilverMaine's Choice Plus HMO Silver 6500$6,500$7,800$392
GoldAnthem Gold X HMO 2000$2,000$8,550$445

The best level of coverage for you is based on your medical needs and financial situation, with higher tier policies carrying more expensive monthly rates but lower out-of-pocket costs.

Comparing the above policies, the Maine's Choice Plus HMO Silver 6500 plan has a minimum monthly rate of $392 for a 40-year-old, which is about $58 per month cheaper than the Anthem Gold X HMO 1600 plan. However, the Gold plan means lower out-of-pocket costs in the form of deductibles, copays and coinsurance.

Across all metal tiers, your monthly cost of health insurance will increase with age. But the absolute price difference will vary depending on the tier of health plan you've chosen.

For example, a 40-year-old in Maine would pay 28% more than a 21-year-old, which comes to an additional $106 per month for a Silver plan or $115 with a Gold plan. As you get older, though, medical expenses are often more frequent and costly, so the lower cost sharing of a higher tier plan may justify the additional premium payments.

Cheapest health insurance companies in Maine

Finding your best health insurance coverage in Maine

The best health insurance plans for you in Maine will vary by region because the availability and price of plans will change by county. For example, the Anthem Silver X POS 5900 Silver plan has a monthly premium of $571 for a 40-year-old in Hancock County but a $462 monthly premium in Penobscot County. Regardless of where you live, there are a range of plans at varying coverage tiers to fit your needs.

Higher metal tier health plans, such as Gold plans, typically have more expensive monthly premiums than lower tier plans, like Silver plans, but offer lower out-of-pocket expenses like deductibles, copays and coinsurance. This means if you have a medical condition or costly prescriptions, a higher metal tier plan may be the best health insurance option for you.

However, those who are young and healthy may wish to consider a lower metal tier policy, which is better for those who have no expected medical costs and have the means to pay the larger out-of-pocket expenses if an emergency does occur.

Gold plans: Best for high expected medical costs

Despite the highest monthly premiums, Gold policies can be cost effective for those who expect to use their insurance often.

This is because the lower deductibles and copays outweigh the higher monthly rate for those with high recurring medical costs that arise from chronic conditions or prescriptions. Gold policies are also great for those who are concerned about being able to pay out of pocket for an unexpected condition.

The cheapest Gold plan in Maine is Anthem Gold X HMO 2000. Compare all tiers in Maine above.

Silver plans: Best for those with low income or average medical costs

Silver plans fall between higher metal tier Gold plans and lower metal tiers like Bronze and Catastrophic plans.

Silver plans are a good middle ground in terms of the monthly premium and out-of-pocket costs.

Furthermore, if you are part of a lower-income household, you may qualify for cost-sharing reduction (CSR) subsidies, which would further lower your out-of-pocket expenses. Typical Silver plans cover about 70% of your health care costs while you pay 30%. But under CSR subsidies, you could qualify for a Silver plan that covers up to 94% of your health care costs.

The cheapest Silver plan in Maine is Maine's Choice Plus HMO Silver 6500. Compare all tiers in Maine above.

Bronze and Catastrophic plans: Best for young, healthy people

Catastrophic and Bronze plans offer lower cost premiums compared to Silver and Gold plans. However, the affordable monthly rates for these health plans means higher costs in the form of deductibles, copays or coinsurance before the insurance kicks in. We wouldn't recommend these policies unless you can afford the higher cost sharing in the case of a medical emergency.

Extended Bronze plans are a newer tier that was introduced a couple years ago in Maine. This tier extends a typical Bronze plan, which may cover about 60% of your health care costs, to cover up to about 65% of your costs.

Note that while Catastrophic plans are restricted to people under the age of 30 or those who qualify for a hardship exemption, Bronze plans are open to everyone. Additionally, you cannot use premium tax credits to reduce the cost of a Catastrophic plan.

The cheapest Expanded Bronze plan in Maine is Anthem Bronze X HMO 8550. The cheapest Catastrophic plan is Anthem Catastrophic X HMO 7800. Compare all tiers in Maine above.

Short-term health insurance in Maine

Short-term health insurance is available for purchase in Maine. The state follows similar restrictions to federal guidelines, meaning that short-term policies have coverage lengths of 12 months. However, all short-term health plans can only be renewed for up to a total of 24 months.

Most short-term health plans do not cover the essential benefits, which include maternity, mental health and prescription drug coverage. These policies are not qualified Affordable Care Act plans and are not offered on the state health insurance exchanges. You may want to consider short-term policies if you need an affordable health insurance option or missed the open enrollment period.

Find Cheap Health Insurance Quotes in Your Area

Currently insured?

Best cheap health insurance companies in Maine

Currently, there are three health insurance companies on the Maine state exchange: Anthem Blue Cross and Blue Shield, Harvard Pilgrim Health Care and Maine Community Health Options.

All of the health insurance companies currently available in Maine provide coverage across all 16 counties in the state, offering multiple tiers of coverage. We recommend beginning your search with Anthem, as the company offered the cheapest Silver health insurance plan in 10 counties.

Cheapest health insurance plan by county

The cheapest health insurance plan in Maine changes by region, so we analyzed all Silver policies by county to help you get started on your search. The table below lists the best-priced Silver policy for each county and samples monthly premiums for an individual, a couple and a family of three.

Cheapest plan
Age 40
Couple, age 40
Couple, age 40 + child
AndroscogginAnthem Silver X HMO 5900$435$871$1,131
AroostookAnthem Silver X POS 5900$571$1,141$1,483
CumberlandMaine's Choice Plus HMO Silver 6500$392$784$1,019
FranklinAnthem Silver X HMO 5900$435$871$1,131
HancockAnthem Silver X POS 5900$571$1,141$1,483
KennebecMaine's Choice Plus HMO Silver 6500$415$830$1,078
KnoxMaine's Choice Plus HMO Silver 6500$415$830$1,078
LincolnMaine's Choice Plus HMO Silver 6500$415$830$1,078
OxfordMaine's Choice Plus HMO Silver 6500$415$830$1,078
PenobscotAnthem Silver X POS 5900$462$925$1,202
PiscataquisAnthem Silver X POS 5900$462$925$1,202
SagadahocMaine's Choice Plus HMO Silver 6500$392$784$1,019
Show All Rows

Average cost of health insurance by family size in Maine

Beyond metal tier and age, family size will directly affect your family's monthly health insurance premium. For example, the average monthly cost of health insurance for a family of three, assuming two 40-year-old adults and a child on a Silver plan, is $1,265 in Maine. With each additional child covered, the average cost of a health plan would increase by $291 — which means the average price for a family of four would be $1,556 per month.

Family size
Average monthly cost of health plan
Individual + child$778
Couple, age 40$974
Family of three (adult couple and a child)$1,265
Family of four (adult couple and two children)$1,556
Family of five (adult couple and three children)$1,848

Adults are assumed to be 40 years old. Children are assumed to be 14 or younger. Sample rates are based on the average cost for a Silver plan in Maine.

The additional cost to insure each family member is based upon their age. Children under the age of 15 will qualify for cheaper health insurance premiums that remain flat, but once a child turns 15, the monthly premium will increase annually.


The health insurance rate data in ValuePenguin's analysis was sourced from the Centers for Medicare & Medicaid Services (CMS) website. We used the CMS public use files (PUF) to average Maine health plan premiums across a variety of factors such as metal tier, county and family size.

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.