Find Cheap Health Insurance Quotes in Oklahoma
In 2022, the average cost of health insurance across all metal tiers in Oklahoma is $540 per month, which is 3% more than it was in 2021.
The cheapest Silver health insurance in Oklahoma for most people comes from Blue Cross Blue Shield. The plan — Blue Advantage Silver PPO 204 — is the most affordable health insurance in 57% of Oklahoma's counties. Alternatively, shoppers may find cheap coverage with the Blue Preferred Silver PPO 201 plan (also offered by Blue Cross Blue Shield) or the CommunityCare Silver L21 Select Plus plan.
Affordable health insurance plans in Oklahoma can be found on the state exchange, but the best plan for you will depend on your county and the tier of coverage.
Cheapest health insurance by metal tier
To help you find the best policy for the level of coverage that fits your situation, we compared Oklahoma plans by metal tier and identified a cheap health insurance plan in each category.
The table below provides a good starting point in comparing the costs and benefits you can expect from a given tier of coverage by showing the out-of-pocket costs and minimum monthly premium for policies in Oklahoma.
|Catastrophic||Balance by Medica Catastrophic ($0 Virtual Care + Online Wellness)||$287||$8,700||$8,700|
|Bronze||Blue Advantage Bronze PPO‚ 202||$369||$6,000||$8,700|
|Bronze Expanded||Bronze Classic||$378||$7,500||$8,700|
|Gold||CommunityCare Gold L21 Select Plus||$477||$4,000||$8,300|
Find Cheap Health Insurance Quotes in Your Area
Two important factors that affect your monthly insurance premium are age and metal tier. As you get older, regardless of coverage tier, your monthly premium will increase. Furthermore, higher metal tiers also raise the monthly rate you need to pay.
For example, a 40-year-old in Oklahoma would pay $138 more per month for the same Silver policy than a 21-year-old. However, the same 40-year-old would pay $714, or 112%, less than a 60-year-old would for the same policy.
Finding your best health insurance coverage in Oklahoma
The best health insurance plan for you in Oklahoma varies by county, as available plans change according to the county you live in. For example, the Silver Simple plan from Oscar Insurance Company is available in fewer counties than other health insurance plans, but is the cheapest Silver plan where available.
Higher metal tier health plans, like Gold policies, have more expensive monthly premiums than Silver and Bronze policies, but significantly lower out-of-pocket expenses, like deductibles, copays and coinsurance.
So if you have recurring medical costs from chronic conditions or prescriptions, or you are worried about the high costs of an unexpected illness, you should consider a higher metal tier plan. Alternatively, if you are young and healthy and want a lower monthly premium, a lower metal tier policy may be best.
Gold plans: Best for people who expect high medical costs
Gold health insurance plans have the lowest costs if you need to use your insurance, since Gold plans may have lower deductibles and copays. However, the monthly premium may be higher.
For example, the minimum monthly premium on a Gold plan for a 40-year-old in Oklahoma is $477 — $108 more per month than the cheapest Bronze plan. But the deductible for Gold plans may be $2,000 less than a Bronze plan. Therefore, these health plans are best if you have high expected medical costs, such as ongoing prescriptions, or are concerned about being able to pay out of pocket for an unexpected condition.
The cheapest Gold plan in Oklahoma is CommunityCare Gold L21 Select Plus. Compare all tiers in Oklahoma above.
Silver plans: Best for people with average medical costs or low income
Silver health plans may be the best type of health insurance plan if you want lower out-of-pocket costs than a Bronze plan but a more affordable monthly premium than a Gold plan.
If your income is low, this middle-ground option is also eligible for cost-sharing reduction (CSR) subsidies that would lower your out-of-pocket expenses. Typically, Silver plans pay 70% of your medical costs, so you would pay for the remaining 30% — but Silver plans could cover up to 94% under the CSR subsidies.
The cheapest Silver plan in Oklahoma is Silver Simple from Oscar Insurance Company. Compare all tiers in Oklahoma above.
Bronze and Catastrophic plans: Best for young people
Bronze and Catastrophic plans are the most affordable plans — but in exchange, they have the highest out-of-pocket costs. Despite the low costs, you must be under 30 years old or qualify for an exemption to purchase a Catastrophic plan. Bronze plans are available to everyone, but the lower monthly rate means higher out-of-pocket costs compared to Silver or Gold plans.
So if you need medical care during the year, you would have to pay more money out of pocket before coverage kicks in. If you expect few medical expenses or can afford to cover the high cost-sharing in the event of an emergency, a Bronze plan may be the best option for your health insurance coverage.
The cheapest Bronze plan in Oklahoma is Blue Advantage Bronze PPO. The cheapest Catastrophic plan is Balance by Medica Catastrophic. Compare all tiers in Oklahoma above.
Best cheap health insurance companies in Oklahoma
There are six insurers on the Oklahoma exchange for 2022, one more than in 2021, but a provider’s availability depends on the shopper's location. The insurers that offer health insurance on Oklahoma's exchange are:
- Blue Cross and Blue Shield of Oklahoma
- Bright HealthCare
- CommunityCare HMO Inc.
- Oscar Insurance Company
- UnitedHealthcare of Oklahoma Inc.
Blue Cross Blue Shield and Medica are available across the state, but don't necessarily offer the cheapest coverage in every county. For example, the Silver Simple plan is the cheapest in Canadian, Logan and Oklahoma counties. If you live in one of these counties, we recommend beginning your search for affordable coverage with Oscar Insurance Company.
Cheapest health insurance plan by county
To help you get started on your search for a health insurance plan in Oklahoma, we identified the cheapest Silver health insurance policies available on the state exchange by county. Depending on where you live, the available policies and their pricing will vary.
For example, in Adair County, the Blue Advantage Silver PPO 204 plan costs $560, which is $10 more than the plan’s cost in Lincoln County. Despite this discrepancy, however, the plan remains the cheapest option in both counties.
Couple, age 40
Couple, age 40 & child
|Adair||Blue Advantage Silver PPO‚ 204||$560||$1,121||$1,456|
|Alfalfa||Blue Preferred Silver PPO‚℠ 201||$720||$1,440||$1,870|
|Atoka||Blue Advantage Silver PPO‚℠ 204||$560||$1,121||$1,456|
|Beaver||Blue Advantage Silver PPO‚℠ 204||$560||$1,121||$1,456|
|Beckham||Blue Advantage Silver PPO‚℠ 204||$560||$1,121||$1,456|
|Blaine||Balance by Medica Silver Copay ($0 Virtual Care + Online Wellness)||$499||$997||$1,296|
|Bryan||Blue Preferred Silver PPO‚℠ 201||$720||$1,440||$1,870|
|Caddo||Blue Preferred Silver PPO‚℠ 201||$720||$1,440||$1,870|
|Carter||Balance by Medica Silver Copay ($0 Virtual Care + Online Wellness)||$499||$997||$1,296|
|Cherokee||Blue Advantage Silver PPO‚℠ 204||$560||$1,121||$1,456|
|Choctaw||Blue Advantage Silver PPO‚℠ 204||$560||$1,121||$1,456|
Average cost of health insurance by family size in Oklahoma
Depending on a family’s size and the age of each person, health insurance rates change based on the number of individuals who need coverage. Children under 15 years old qualify for lower health insurance premiums at a flat rate. However, this changes once children reach age 15 — the monthly premium will increase as they grow older.
For example, the average monthly health insurance premium for a family of three with two 40-year-old parents and a child is $1,650. With each additional child, the average cost of a Silver health plan increases by $380, so it would cost an average of $2,031 per month to insure a family of four.
|Individual and child||$1,015|
|Couple, age 40||$1,270|
|Family of three (adult couple and a child)||$1,650|
|Family of four (adult couple and two children)||$2,031|
|Family of five (adult couple and three children)||$2,411|
Adults are assumed to be 40 years old, while children are age 14 and younger. Sample rates are based on the average cost for a Silver plan in Oklahoma.
Health insurance rate changes in Oklahoma
Individual health companies set policy premiums. Once an insurer determines the rates, they are sent to the federal health insurance exchange for approval.
The average cost of health insurance is 3% higher in 2022 than it was in 2021. However, the changes to the cost of health insurance varies by metal tier. In the last year, the cost of Expanded Bronze policies remained the same, while Bronze rates rose by 7%. This was the largest increase among all tiers.
Change 2022 vs. 2021
Premiums are for a 40-year-old adult.
The health insurance premiums and plan information used in this analysis were sourced from the Centers for Medicare & Medicaid Services (CMS) government website. ValuePenguin determined the average rates by metal tier, family size and region by reference cost data from CMS Public Use Files (PUF). Plans and providers for which county-level data was included in the CMS Crosswalk file were used in our analysis; those excluded from this dataset may not appear.