Best Cheap Health Insurance in Utah (2024)

Select Health's Signature Benchmark Silver is the cheapest Silver health insurance plan in Utah.

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The cheapest Silver health insurance plan in Utah is the Signature Benchmark Silver, which costs as little as $459 per month (before subsidies) for a 40-year-old. This plan is available in Salt Lake, Utah, Weber and Davis counties, where three-fourths of Utah's population lives.

For a 40-year-old, the average cost of health insurance in Utah is $599 per month for a Silver plan.

Molina's Healthcare Silver 1 and Select Health's Value Benchmark Silver and Med Benchmark Silver are the three cheapest Silver health plans for the other 25% of Utah's population.

Select Health is the best health insurance company in Utah because of its low rates and high quality ratings. In addition to selling the cheapest Silver health plan in Utah, it has a quality rating of four out of five stars from HealthCare.gov. This reflects a strong level of customer satisfaction from Select Health customers. Select Health also gets 94% fewer complaints compared to an average health insurance company its size.

How much does health insurance cost in Utah?

In Utah, a Silver health insurance plan costs $599 per month for a 40-year-old on average. Keep in mind that your quote will depend on factors such as your age, location and plan tier. Higher plan tiers tend to cost more than lower plan tiers.

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Aside from your plan tier, your age also affects how much you pay for health insurance. In Utah, a 40-year-old will pay nearly 50% more than a 21-year-old for the same level of coverage.

This trend continues as you age. The average 60-year-old will pay more than twice as much as the average 40-year-old in Utah for the same health insurance policy.

You'll become eligible for Medicare once you turn 65. Although Medicare is not a type of free health insurance, it typically costs much less than a regular marketplace plan.

Cheapest health insurance in Utah

Select Health offers three of the cheapest Silver health insurance plans in Utah, including the Signature Benchmark Silver, which costs as little as $459 per month for a 40-year-old. You should consider Regence BlueCross BlueShield (BCBS) of Utah if you're shopping for a Bronze or Gold plan.

The cheapest health insurance for you will depend on the plan tier you choose. For example, a Gold plan will usually cost more than a Silver or Bronze plan. Keep in mind that in exchange for this higher monthly rate, you'll pay less when you visit the doctor or get a prescription filled.

Cheapest health insurance in UT

Tier
Cheapest plan
Monthly cost
Bronze Regence BCBS SaveWell Bronze $354
Silver Select Health Signature Benchmark Silver $459
Gold Regence BCBS SaveWell Gold $528
Platinum Select Health Signature Benchmark Platinum $692

Monthly costs are for a 40-year-old.

Plan availability varies by location. Depending on where you live in Utah, you may not be able to buy one or more of these plans.

Finding your best health insurance coverage in Utah

To find the best health insurance for you in Utah, you will need to decide which plan tier works best for your unique needs.

Higher plan tiers such as Gold and Platinum typically have the highest monthly rates. These insurance plans pay out earlier than Silver and Bronze plans because they typically have low deductibles. In addition, you'll pay less when you visit the doctor or get a prescription filled.

Silver and Bronze plans have low monthly rates but high out-of-pocket costs. You should consider a Silver or Bronze plan if you're in good health and you can afford to pay your deductible from your savings. A Gold or Platinum plan might be a good idea if you have a chronic disease or visit the doctor often.

Your plan tier has nothing to do with the services your plan covers. A Gold plan won't necessarily offer more types of care than a Bronze plan.

Gold and Platinum plans: Best for people with ongoing illnesses

Gold and Platinum health plans cost the most per month. However, you'll pay less when you get medical care since these plans typically have low out-of-pocket costs, such as your deductible, copays and coinsurance.

Gold and Platinum plans don't normally make sense for most people because of their high rates. However, you may save money with one of these plans if you have an ongoing illness that requires expensive medical care.

Silver plans: Best for most people

You should consider a Silver plan if you have no serious health problems. These plans balance affordable monthly rates with manageable out-of-pocket costs. Unlike with other plan tiers, you can qualify for cost-sharing reduction (CSR) subsidies with a Silver plan if you earn a low income.

Cost-sharing reductions help you pay for your out-of-pocket costs, such as your deductible, copays and coinsurance. Both cost-sharing reductions and premium tax credits can provide significant savings.

Bronze: Best for healthy people with emergency savings

Bronze plans have the cheapest monthly rates but the highest out-of-pocket costs. A Bronze plan might be a good fit if you're in good health and you can afford to pay your plan's deductible.

Keep in mind that some preventive services such as your annual checkup, immunizations and certain screenings aren't subject to your deductible. However, if you get seriously ill or you're involved in an accident, you'll likely have to pay thousands of dollars before your coverage starts.

No health insurance company in Utah sells Catastrophic health plans for 2024.

Medicaid: Best if you have a low-income

Medicaid is a type of free government health insurance that's available to people who earn a low income. You can sign up for Medicaid in Utah if you make roughly $20,000 or less (about $41,000 for a family of four).

Are health insurance rates going up in Utah?

The average cost of health insurance rose sharply between 2023 and 2024. Bronze plans increased the most, jumping 21% on average over the past year. Silver plans increased by a more modest 7% year on year, and Gold plans rose 10%.

Tier
2022
2023
2024
Change (2023 to 2024)
Bronze$320$407$49321%
Silver$563$558$5997%
Gold$639$642$70610%

Monthly costs are for a 40-year-old.

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Platinum plans cost an average of $895 per month for a 40-year-old for 2024. No companies sold Platinum plans in Utah over the past two years.

Best cheap health insurance companies in Utah

Select Health offers the best cheap health insurance in Utah. It has affordable rates and a low rate of customer complaints compared to its competitors. Select Health also has a strong rating of four out of five stars from HealthCare.gov.

Select Health is the most popular health insurance company in Utah. It sells 78% of all plans in the state.

You can choose from six different health insurance companies in Utah when you buy a policy through HealthCare.gov.

Best health insurance companies in UT

Company
Cost
Cigna logo
Cigna Healthcare
$527
Regence logo
Regence BlueCross BlueShield of UtahNot yet rated$577
Select Health logo
Select HealthNot yet rated$579
Molina logo
Molina HealthcareNot yet rated$587
BridgeSpan logo
BridgeSpan Health Co.Not yet rated$589
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Average monthly cost for a 40-year-old buying a Silver plan in UT. Ratings are based on editor reviews of the company.

Select Health offers the cheapest Silver health insurance plan for roughly 88% of Utah's population including those living in the Salt Lake City metropolitan area. Molina is the best option for those living in Cache, Iron, Rich and Washington counties.

Cheapest health insurance plan by Utah county

The health insurance plans available to you will depend on the county you live in.

Cheapest health insurance by UT county

County
Cheapest Silver plan
Monthly rate
BeaverSelect Health Med Benchmark Silver$634
Box ElderSelect Health Value Benchmark Silver$494
CacheMolina Healthcare Silver 1$608
CarbonSelect Health Med Benchmark Silver$634
DaggettSelect Health Med Benchmark Silver$634
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Cheapest Silver plan with rates for a 40-year-old

Average cost of health insurance by family size in Utah

The average cost of your health insurance will increase as the size of your family increases.

In Utah, a single parent with a child will pay $920 per month on average, and two married 40-year-olds with no children will pay $1,198 per month. You can estimate the cost your own family will pay by adding $321 for each child under the age of 15 in your family.

Family size
Average cost
Individual and child$920
Couple, age 40$1,198
Family of three (adult couple and a child)$1,519
Family of four (adult couple and two children)$1,840
Family of five (adult couple and three children)$2,161

Adults are assumed to be 40 years old. Children are assumed to be under 15. Sample rates are based on the average monthly cost of a Silver plan in Utah.

Short-term health insurance in Utah

You can buy short-term health insurance in Utah for up to 364 days at a time, and you can renew your policy for up to three years.

Utah requires that short-term health insurance plans offer at least $1 million in coverage per year. In addition, short-term health plans can't charge you more than 50% coinsurance.

Even with these consumer protection measures, short-term health insurance is rarely a good deal. That's because regular health insurance plans must offer a certain level of minimum coverage, which includes services like mental health and maternity care. Short-term health insurance doesn't need to follow these rules.

With that said, a short-term health policy might make sense in some circumstances. For example, a short-term health plan can help you bridge the gap if you're temporarily unemployed.

Frequently asked questions

Does Utah have free health care?

Utah has free health care if you qualify for Medicaid. Medicaid is a type of free government health insurance that's available to Utah residents who earn roughly $20,000 or less ($41,000 for a family of four).

You may qualify for Affordable Care Act (ACA) subsidies if you earn a low income but aren't eligible for Medicare.

How much is health insurance in Utah per month?

In Utah, a 40-year-old will pay an average of $599 per month (before subsidies) for a Silver health plan. Your age, location, income and the plan tier you choose will all influence how much you pay each month for health insurance.

What is the most popular health insurance in Utah?

Select Health is the most popular health insurance company in Utah, selling 78% of all policies in the state. It has affordable rates and significantly fewer customer complaints compared to an average health insurance company of a similar size.

Methodology

ValuePenguin's analysis used public use files (PUFs) from the Centers for Medicare & Medicaid Services (CMS) to compile average rates by age, county, plan tier and family size for the state of Utah. Customer complaint data came from the National Association of Insurance Commissioners (NAIC).

Short-term health insurance information is from healthinsurance.org.

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.