Best Cheap Health Insurance in New York for 2024

Fidelis Care has the best cheap health insurance in NY, with a Silver plan that can cost as little as $513 per month at full price.

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Best and cheapest health insurance in New York

No matter what plan tier you're looking for, Fidelis Care has the cheapest health insurance plans in New York. Highmark has the best quality health insurance plans because of its high customer satisfaction and good access to affordable medical care. Anthem has the best health insurance if you live in NYC.

The average cost of health insurance in New York is $873 per month if you pay full price for a Silver plan. Most people pay discounted rates based on their income. NY health insurance costs an average of $247 per month after subsidies.

How much does health insurance cost in New York?

Health insurance costs an average of $873 per month in New York, for a Silver plan.

Average cost of NY health insurance by plan tier

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A Silver plan is good for most people who have average medical needs. If you're healthy, choose a Bronze plan. This will lower your monthly bills, but you'll pay more when you go to the doctor.

If you go to the doctor often, a Platinum or Gold health insurance plan is the best deal because it will pay for more of your medical expenses.

Get cheap health insurance by using subsidies

The average cost of health insurance in New York is $247 per month if you qualify for subsidies.

Health insurance subsidies lower your health insurance costs based on how much you earn. It's a sliding scale, so the lower your income, the more you'll save. To qualify, you'll need to shop on NY State of Health, which is the government's health insurance marketplace.

You're usually eligible for discounted rates if you earn less than $58,320 as a single person or less than $120,000 as a family of four.

Cheapest health insurance in New York

Fidelis Care Silver is the cheapest Silver health insurance plan in New York. No matter what level of coverage you are looking for, Fidelis Care has the cheapest plans, which are sold through a partnership with Ambetter.

Cheapest plan
Monthly cost
Bronze Fidelis Care Bronze $395
Silver Fidelis Care Silver $513
Gold Fidelis Care Gold $664
Platinum Fidelis Care Platinum $811

How to get the best health insurance coverage in New York

The best health insurance policy for you will depend on the plans in your area, as well as your medical needs and financial situation.

When deciding on the right plan, you can use the plan's tier to choose health insurance that has the right level of coverage for your medical needs.

Gold and Platinum plans: Best if you expect high medical costs

Gold and Platinum plans are usually the best choice for people with higher medical costs or who take expensive prescriptions.

The plans often have the most expensive monthly costs but the best medical benefits, with lower deductibles and out-of-pocket maximums. This means you can reach the deductible quickly and have a better limit on your health expenses.

Silver plans: Best if you have average medical needs

Silver plans balance the monthly cost of a plan with how much you pay for medical care. This makes them a good choice for most people because they have a moderate level of coverage.

For those with a low income, Silver plans have an extra advantage. If you earn less than about $36,000 as an individual, you're eligible for cost-sharing reduction (CSR) subsidies, which help you to pay less for medical care.

Bronze plans: Best for young, healthy people

Bronze plans are some of the cheapest plans available in New York. But you'll also have higher out-of-pocket costs when you go to a doctor. You'll still have benefits like free preventive care, and you'll be protected from very high medical costs in situations where you need surgery or other expensive health services.

Bronze plans are best if you don't go to the doctor often and you have the savings to pay for your portion of your medical bills.

Catastrophic plans: Best for emergencies

Catastrophic plans should only be considered if you are in good health and do not expect to have high medical costs. These plans can help save you from financial devastation if you have a serious illness or injury, but they also require you to pay a large portion of your medical care.

To sign up for a Catastrophic plan in New York, you must be under the age of 30 or meet the requirements for a hardship exemption. Also, Catastrophic plans are not eligible for premium tax credits, so you won't be able to lower your monthly rate. Because of this, Catastrophic plans might end up being more expensive each month than higher-tier plans with subsidies.

Essential Plan: Free health insurance in New York

You can get free health insurance in NY through the Essential Plan. You're eligible if you make less than $37,650 per year as a single adult or earn less than $78,000 per year as a family of four.

The Essential Plan is the best way to get affordable health insurance if you earn too much to qualify for Medicaid and don't have insurance through a job. You can sign up any time of the year, even if it's not open enrollment. And plans have great coverage with no deductible, cheap doctor visits and full coverage for medical, dental, vision and prescriptions.

Medicaid: Best if you have a low income

If you have a low income, Medicaid is the best health insurance. In New York, you have to make less than around $20,000 as an individual or $41,000 as a family of four to qualify. If you are eligible, Medicaid can reduce or eliminate most of your medical costs.

Are health insurance rates going up in New York?

On average, New York health insurance rates increased by 13% for 2024 compared to 2023.

This makes NY the fourth most expensive state for health insurance. Silver plans in NY cost $289 more per month than the average cost of health insurance in the U.S.

Change (2023 to 2024)
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Best health insurance companies in New York

Highmark is the best health insurance company in New York.

Highmark stands out in New York for having a perfect five-star rating from, a wide network of doctors and good availability across NY.

Best NY health insurance companies

Highmark logo
Independent Health logo
Independent Health
CDPHP logo
UnitedHealthcare logo
Anthem logo
Fidelis Care logo
Fidelis Care
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Average monthly costs are for a Silver plan in NY.

Independent Health and CDPHP are also good companies that earn top scores from However, they are not as widely available as Highmark and have smaller networks of doctors.

UnitedHealthcare is another top company offering plans in the NYC metro area, including Long Island and the Hudson Valley. However, UnitedHealthcare is expensive, which is why Anthem is a better overall choice for good, affordable insurance when you live in NYC.

Cheapest health insurance plan by New York county

Fidelis Care has the cheapest Silver plan in 49 of New York's 62 counties. The cheapest health insurance in NYC is the SilverPlus plan from MetroPlus, which costs $805 per month.

The cheapest plan for you will depend on your needs. It's a good idea to compare all the plans available in your area to get the best coverage at the best price.

Cheapest Silver plan
Monthly rate
AlbanyFidelis Care Silver$594
AlleganyFidelis Care Silver$513
BronxMetroPlus SilverPlus$805
BroomeFidelis Care Silver$590
CattaraugusFidelis Care Silver$513
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Cheapest Silver plan in each county

How to get cheap health insurance in New York

You can buy health insurance in New York through the NY State of Health marketplace. This is the New York equivalent of, also called "Obamacare."

New York health insurance works a bit differently from coverage in other states.

  • Open enrollment: In New York, open enrollment is from Nov. 16 to Jan. 31. In most other states, it's Nov. 1 to Jan. 15.
  • Age and tobacco use: New York is one of a few states that don't use your age to determine your health insurance costs. Your rate also won't change based on your tobacco use.
  • Staying on a parent's plan: In New York, you can stay on a parent's plan until you are 29. In most other states, you have to get your own plan by age 26.

Short-term health insurance in New York

Short-term health insurance plans are banned in New York. Most short-term plans typically do not cover essential benefits such as maternity care, mental health or prescription drugs, so short-term health insurance is not offered in New York.

Frequently asked questions

What is Obamacare called in New York?

New York residents can get Obamacare health insurance through the government website NY State of Health. This is the marketplace where you can shop plans from different companies and see if you're eligible for subsidies. You can usually buy coverage between Nov. 16 and Jan. 31. If you've recently had a life change like marriage or a move, you may be able to buy coverage outside this time period.

How can I save money on health insurance in New York?

Health insurance tax credits, also called subsidies, can reduce how much you pay for health insurance based on your income and family size. In New York, there is also the Essential Plan, which provides free health insurance for people who have low incomes but don't qualify for Medicaid.

What plan tier of health insurance should I buy on the New York exchange?

Silver plans are the best health insurance plans for most people because they are a middle-of-the-road option that balances medical coverage with monthly costs. Generally, younger and healthier people will get the best deal with a Bronze plan since they might not need the coverage as often. If you need expensive or complex medical care, consider a Gold or Platinum plan since it could provide the best benefits.

What is the best health insurance plan in NYC?

Anthem Blue Cross is the best health insurance company in New York City. It tends to have lower rates than other companies in the area, and its plans offer good coverage and customer satisfaction. The cheapest Silver plan in NYC is from MetroPlus. It costs $805 per month on average.

How much is private health insurance in NY?

A private health insurance plan in NY costs an average of $873 per month, based on a Silver plan bought on the NY State of Health marketplace. If you qualify for subsidies because of your income, health insurance in NY costs an average of $247 per month. Rates will vary based on your income, the plan you choose and the size of your household.


ValuePenguin collected 2024 plan rates and information from New York's state health insurance exchange, NY State of Health. Costs and ratings are averaged from plans from every county in the state. Unless otherwise noted, averages are based on the cost of a Silver plan.

Additional sources include, NY State of Health and KFF.

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.