Health Insurance

Best Cheap Health Insurance in Michigan 2021

Best Cheap Health Insurance in Michigan 2021

For 2021, the average cost of health insurance in Michigan is $402 per month across all plans, which is a 4% decrease since the 2020 plan year.

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The cheapest health insurance in Michigan is the Ambetter Balanced Care 12 (2021) plan. The cheapest Silver plan in most counties, however, is MyPriority HMO Silver 5500 - Telehealth PCP, which is available in 45% of the state's counties. As the price and availability of health insurance vary depending on location and age, we recommend comparing rates from multiple insurers before purchasing a policy.

Cheapest health insurance by metal tier

We recommend using these low-cost health insurance policies as a starting point to determine the costs and benefits you can expect from a given metal tier of coverage.

We compared health insurance plans in Michigan by metal tier in order to determine the cheapest policies available for each level of coverage.

Higher metal tiers of coverage have lower out-of-pocket costs, meaning you'll pay less in the event you need to use your health insurance, but they also come with more expensive premiums.

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In addition to the level of coverage you choose, your age is a significant factor in determining health insurance rates, as premiums get more expensive as you get older. As you can see in the example above, a 40-year-old would pay 28% more than a 21-year-old for a Silver policy, while a 60-year-old would pay 112% more than a 40-year-old for the same policy.

The insurers and health plans available will change depending on the county in which you live, so those listed below may not be offered in your region.

Metal tierCheapest planDeductibleMaximum out-of-pocketMonthly cost for a 40-year-old
CatastrophicBlue Cross® Select HMO Value$8,550$8,550$200
BronzeAmbetter Essential Care 1 (2021)$8,300$8,300$223
Expanded BronzeMyPriority HMO Bronze 8550 - St. John Providence Network$8,550$8,550$231
SilverAmbetter Balanced Care 12 (2021)$0$0$292
GoldAmbetter Base Gold (2021)$3,500$6,000$300
PlatinumSparrow PHP Platinum 500 Exclusive$500$3,000$546


Finding your best health insurance coverage in Michigan

The best health insurance plan available for you in Michigan will depend upon the county you live in, as this determines which plans are offered, as well as your income.

In each county, you'll be able to choose among metal tiers of coverage, which indicate both a plan's monthly premiums and benefits. Generally, higher metal tier plans have more expensive premiums, but out-of-pocket costs, such as deductibles, copays and coinsurance, are much lower. Lower metal tier health plans, on the other hand, have cheaper monthly rates alongside much higher cost-sharing features.

So, for instance, if you're young and have had no health issues, your net cost would likely be lower with a Silver or Bronze plan, since you're likely to have fewer medical expenses throughout the year. However, if you became ill and needed to be hospitalized, your total expenses may be higher, as you'd need to cover large out-of-pocket costs before your health insurance would provide coverage.


Gold and Platinum plans: Best for high medical costs

Gold and Platinum health plans have the most expensive monthly premiums, but they also offer the cheapest out-of-pocket expenses, such as deductibles and copays. So, if you have high expected medical expenses, such as costly ongoing prescriptions, a higher metal tier policy may be your best choice for health insurance.

Silver plans: Best if you have low income or moderate medical expenses

Silver plans are often the best health insurance option if you're looking for a middle ground to balance affordable premiums and out-of-pocket costs. They also are eligible for cost-sharing reduction (CSR) subsidies for lower-income households, which can help to make your health coverage more affordable.

Bronze and Catastrophic plans: Best for healthy people with emergency savings

Bronze and Catastrophic plans have the cheapest monthly health insurance rates, which make them great choices for young, healthy people with low expected medical costs. We wouldn't recommend these policies unless you have the financial resources to cover the high out-of-pocket expenses in case of an emergency.

Low metal tiers have the highest deductibles, copays and coinsurance, meaning coverage won't be extended until you've covered these costs yourself. Also note that Catastrophic plans aren't available unless you're under the age of 30 or meet certain exemptions, so this option may not be available to you. Catastrophic plans also are not eligible for premium tax credits.

Medicaid

Michigan expanded Medicaid for residents under the Affordable Care Act, so depending on your income, you may qualify for Medicaid or a qualified health plan. However, Michigan is different from other states in that if your household income is greater than the federal poverty level and you enroll in Medicaid, you must contribute 2% of your annual income to a health savings account.

Health insurance rate changes in Michigan

Health insurance providers are required to submit any policy premium, deductible and out-of-pocket maximum changes to federal regulators. This occurs on an annual basis and is the reason that you may see a slight uptick in your health insurance costs.

In 2021, health insurance costs decreased for most plans by an average of 15%, with Platinum plans rising by just 2% since 2020.

Metal tier2018 premium2020 premium2021 premiumChange from 2020 to 2021
Catastrophic$314$371$283-24%
Bronze$424$382$327-14%
Expanded Bronze$513$426$330-23%
Silver$573$497$439-12%
Gold$728$655$509-22%
Platinum$532$596$6072%


Short-term health insurance in Michigan

You can purchase short-term health insurance in Michigan, but policies are restricted when compared to the federal guidelines for these types of plans. If you had a short-term plan, coverage would only be provided for up to six months and renewals would be prohibited.

Although short-term plans provide a variety of coverage benefits, they do not cover some of the essential benefits including maternity, mental health and prescription drugs. Before purchasing a short-term health plan, you should make sure the policy is appropriate for your needs.

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Best cheap health insurance companies in Michigan

For those looking to compare policies, there are currently nine health insurance companies on the Michigan state exchange:

  • Blue Cross Blue Shield of Michigan Mutual Insurance Co.
  • Priority Health
  • McLaren Health Plan Community
  • Blue Care Network of Michigan
  • Ambetter from Meridian
  • Physicians Health Plan
  • Total Health Care USA Inc.
  • Molina Healthcare of Michigan Inc.
  • Oscar Insurance Co.

The best cheap health insurance plan will likely be offered by Blue Cross Blue Shield, Priority or Ambetter. These companies offered the cheapest Silver health insurance plans in 84% of Michigan's counties.

Cheapest health insurance plan by county

The county where you live in Michigan will determine the health insurance companies and plans available. To help you find your best health plan, we compared rates from every policy in the state to determine the cheapest Silver policy in each county.

Your actual cost of health insurance will vary depending on your age and family size, but we recommend using this as a starting point to determine the most affordable health coverage near you.

CountyCheapest planAge 40Couple, age 40Couple, age 40 plus child
AlconaMyPriority HMO Silver 5500 - Telehealth PCP$355$711$923
AlgerBlue Cross® Preferred HMO Silver Saver$589$1,178$1,531
AlleganMyPriority HMO Silver 5500 - Telehealth PCP$386$773$1,004
AlpenaMyPriority HMO Silver 5500 - Telehealth PCP$355$711$923
AntrimMyPriority HMO Silver 5500 - Telehealth PCP$335$670$871
ArenacMyPriority HMO Silver 5500 - Telehealth PCP$353$705$916
BaragaBlue Cross® Preferred HMO Silver Saver$589$1,178$1,531
BarryMyPriority HMO Silver 5500 - Telehealth PCP$386$773$1,004
BayMyPriority HMO Silver 5500 - Telehealth PCP$353$705$916
BenzieMyPriority HMO Silver 5500 - Telehealth PCP$335$670$871
BerrienMyPriority HMO Silver 5500 - Telehealth PCP$400$801$1,041
BranchMyPriority HMO Silver 5500 - Telehealth PCP$412$823$1,069
CalhounMyPriority HMO Silver 5500 - Bronson Healthcare Partners$396$792$1,030
CassMyPriority HMO Silver 5500 - Telehealth PCP$400$801$1,041
CharlevoixMyPriority HMO Silver 5500 - Telehealth PCP$335$670$871
CheboyganMyPriority HMO Silver 5500 - Telehealth PCP$355$711$923
ChippewaBlue Cross® Preferred HMO Silver Saver$440$879$1,142
ClareMyPriority HMO Silver 5500 - Telehealth PCP$378$755$981
ClintonSparrow PHP Silver 2500 Basic Exclusive$377$755$981
CrawfordMyPriority HMO Silver 5500 - Telehealth PCP$355$711$923
DeltaBlue Cross® Preferred HMO Silver Saver$589$1,178$1,531
DickinsonBlue Cross® Preferred HMO Silver Saver$589$1,178$1,531
EatonSparrow PHP Silver 2500 Basic Exclusive$377$755$981
EmmetMyPriority HMO Silver 5500 - Telehealth PCP$335$670$871
GeneseeAmbetter Balanced Care 12 (2021)$292$584$758
GladwinMyPriority HMO Silver 5500 - Telehealth PCP$378$755$981
GogebicBlue Cross® Preferred HMO Silver Saver$589$1,178$1,531
Grand TraverseMyPriority HMO Silver 5500 - Telehealth PCP$335$670$871
GratiotMyPriority HMO Silver 5500 - Telehealth PCP$353$705$916
HillsdaleMcLaren Silver Exchange$388$776$1,008
HoughtonBlue Cross® Preferred HMO Silver Saver$589$1,178$1,531
HuronMyPriority HMO Silver 5500 - Telehealth PCP$370$740$961
InghamSparrow PHP Silver 2500 Basic Exclusive$377$755$981
IoniaSparrow PHP Silver 2500 Basic Exclusive$377$755$981
IoscoMyPriority HMO Silver 5500 - Telehealth PCP$355$711$923
IronBlue Cross® Preferred HMO Silver Saver$589$1,178$1,531
IsabellaMyPriority HMO Silver 5500 - Telehealth PCP$378$755$981
JacksonAmbetter Balanced Care 12 (2021)$398$796$1,035
KalamazooMyPriority HMO Silver 5500 - Bronson Healthcare Partners$396$792$1,030
KalkaskaMyPriority HMO Silver 5500 - Telehealth PCP$335$670$871
KentAmbetter Balanced Care 12 (2021)$326$652$848
KeweenawBlue Cross® Preferred HMO Silver Saver$589$1,178$1,531
LakeAmbetter Balanced Care 12 (2021)$326$652$848
LapeerAmbetter Balanced Care 12 (2021)$292$584$758
LeelanauMyPriority HMO Silver 5500 - Telehealth PCP$335$670$871
LenaweeMyPriority HMO Silver 5500 - Telehealth PCP$399$798$1,036
LivingstonConstant Care Silver 4$311$623$809
LuceBlue Cross® Preferred HMO Silver Saver$589$1,178$1,531
MackinacBlue Cross® Preferred HMO Silver Saver$440$879$1,142
MacombTotally You - Value$305$609$792
ManisteeMyPriority HMO Silver 5500 - Telehealth PCP$335$670$871
MarquetteBlue Cross® Preferred HMO Silver Saver$589$1,178$1,531
MasonAmbetter Balanced Care 12 (2021)$326$652$848
MecostaAmbetter Balanced Care 12 (2021)$326$652$848
MenomineeBlue Cross® Preferred HMO Silver Saver$589$1,178$1,531
MidlandMyPriority HMO Silver 5500 - Telehealth PCP$378$755$981
MissaukeeMyPriority HMO Silver 5500 - Telehealth PCP$335$670$871
MonroeAmbetter Balanced Care 12 (2021)$319$639$830
MontcalmAmbetter Balanced Care 12 (2021)$326$652$848
MontmorencyMyPriority HMO Silver 5500 - Telehealth PCP$355$711$923
MuskegonAmbetter Balanced Care 12 (2021)$326$652$848
NewaygoAmbetter Balanced Care 12 (2021)$326$652$848
OaklandTotally You - Value$305$609$792
OceanaAmbetter Balanced Care 12 (2021)$326$652$848
OgemawAmbetter Balanced Care 12 (2021)$353$706$918
OntonagonBlue Cross® Preferred HMO Silver Saver$589$1,178$1,531
OsceolaAmbetter Balanced Care 12 (2021)$326$652$848
OscodaAmbetter Balanced Care 12 (2021)$353$706$918
OtsegoMyPriority HMO Silver 5500 - Telehealth PCP$355$711$923
OttawaAmbetter Balanced Care 12 (2021)$326$652$848
Presque IsleMyPriority HMO Silver 5500 - Telehealth PCP$355$711$923
RoscommonAmbetter Balanced Care 12 (2021)$353$706$918
SaginawMyPriority HMO Silver 5500 - Telehealth PCP$353$705$916
Saint ClairMyPriority HMO Silver 5500 - Telehealth PCP$369$738$959
Saint JosephMyPriority HMO Silver 5500 - Telehealth PCP$400$801$1,041
SanilacMyPriority HMO Silver 5500 - Telehealth PCP$370$740$961
SchoolcraftBlue Cross® Preferred HMO Silver Saver$589$1,178$1,531
ShiawasseeMyPriority HMO Silver 5500 - Telehealth PCP$357$713$927
TuscolaMyPriority HMO Silver 5500 - Telehealth PCP$370$740$961
Van BurenMyPriority HMO Silver 5500 - Bronson Healthcare Partners$386$771$1,002
WashtenawConstant Care Silver 4$311$623$809
WayneTotally You - Value$305$609$792
WexfordMyPriority HMO Silver 5500 - Telehealth PCP$335$670$871

Average cost of health insurance by family size in Michigan

Larger families in Michigan will pay higher premiums for health insurance as more people are added to the policy. The cost of adding another family member to your health coverage will depend on their age.

Children under the age of 15 are charged a flat rate, while older children and your spouse are charged a rate that increases each year as they age.

So, for instance, if you and your spouse were covered by a Silver plan and wanted to add coverage for your new child, your monthly premium would increase by approximately $263 — the average cost to add health insurance for a child in Michigan.

On the other hand, if you've just gotten married and want to add your 40-year-old spouse to your policy, your premiums will double — increasing by $439 per month on average — assuming you're the same age.

Family sizeAverage monthly cost of health plan
Individual plus child$702
Couple, age 40$879
Family of three (adult couple and a child)$1,141
Family of four (adult couple and two children)$1,404
Family of five (adult couple and three children)$1,667
Adults are assumed to be 40 years old. Sample rates are based on the average cost of a Silver plan in Michigan.

Methodology

Health insurance rates, deductibles and out-of-pocket maximums in this report were compiled from the Centers for Medicaid & Medicare Services government website. Using Public Use Files (PUF), ValuePenguin calculated average values by county, metal tier and family size to better understand the health insurance marketplace in Michigan.

Sterling Price

Sterling Price is a research analyst at ValuePenguin specializing in health and life insurance. He graduated from Syracuse University with a bachelors degree in Finance and Accounting and has previous experience as a licensed life insurance representative.

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.