Best Cheap Health Insurance in Vermont 2024

With rates as low as $831 per month, MVP HealthCare's Reflective Silver 3 plan is the best cheap health insurance in Vermont.

Find Cheap Health Insurance Quotes in Vermont

Currently insured?
No spam. No hassle. No hidden costs.

Only two health insurance companies, MVP HealthCare and BlueCross BlueShield (BCBS), sell plans on the Vermont state marketplace. BlueCross BlueShield has the cheapest Bronze and Gold plans, while MVP HealthCare has the cheapest Silver and Platinum options.

A Silver health insurance plan costs an average of $908 per month in Vermont.

BlueCross BlueShield is the best and most popular health insurance company in VT. BCBS plans make up almost 56% of all health plans in the state. ValuePenguin's editors give BCBS four out of five stars for its quality coverage, high customer satisfaction and ease of use.

How much does health insurance cost in Vermont?

In Vermont, health insurance costs an average of $908 per month for a Silver plan no matter how old you are. Vermont does not let health insurance companies use age to rate health insurance plans. The state also doesn't consider if you smoke or use tobacco, and rates don't vary between counties.

Cost of Vermont health insurance by plan tier

Compare Health Insurance Quotes in Vermont

Currently insured?
No spam. No hassle. No hidden costs.

Your health insurance rate in VT will only vary based on the plan you pick, how many people your plan covers and the health insurance company you choose. If you qualify based on your income, you might be able to lower your monthly rate with health insurance subsidies.

Cheapest health insurance in Vermont

The best affordable health insurance plan in Vermont is the MVP HealthCare Reflective Silver 3 plan. Silver plans are a good option for most people because they give you good coverage at a relatively low cost.

Cheapest plan
Monthly cost
Bronze BCBS Bronze $726
Silver MVP Reflective Silver 3 $831
Gold BCBS Preferred Gold $1,018
Platinum MVP Platinum 1 $1,265

Monthly costs are for a 40-year-old.

MVP HealthCare also has the cheapest Platinum plan. But BlueCross BlueShield is a cheaper option for Bronze or Gold plans.

Both MVP HealthCare and BlueCross BlueShield are available throughout Vermont. Because these are the only two health insurance companies in the state, it makes sense to get quotes and compare rates from both companies, no matter where you live or what plan level you're looking for. That way, you can make sure you're getting the best deal on the coverage you need.

Finding your best health insurance coverage in Vermont

The best health insurance for you and your family will depend on your medical and financial situation, as well as what plans are available where you live. As you shop for a plan, think about what you can afford to pay each month and how much medical care you expect to need throughout the year.

Gold and Platinum: Best for expensive medical needs

The highest tiers offered in VT are Gold and Platinum. These plans cost the most each month and will usually pay the highest share of your medical costs. That's because these plans tend to have lower deductibles and out-of-pocket maximums. If you have a chronic or complex medical condition that requires a lot of care or expensive treatments, a Gold or Platinum plan might be the best option.

Silver: Best for average medical needs

Silver plans are good for most people because they have moderate monthly costs and still provide good coverage. They have higher deductibles, coinsurance, copays and out-of-pocket maximums compared to Gold and Platinum plans, but lower levels than a Bronze plan.

Silver plans also have an added perk for low-income households. A Silver policy is eligible for discounts called cost-sharing reductions that can lower your deductible, your coinsurance and copays, and your out-of-pocket maximum.

Bronze and Catastrophic plans: Best for few medical needs

Bronze plans have low monthly rates. But buying a Bronze plan means you'll pay more when you need health care. Bronze plans are usually best for people with few medical needs and the savings to pay the high out-of-pocket maximum if something serious happens, like a hospital stay.

Catastrophic plans are only an option if you're under 30 or otherwise qualify for an exception. These are the cheapest plans you can buy, but you'll pay for a large portion of your medical bills. Catastrophic plans should only be used as a last resort and if you have the finances to pay the higher share of your health care. You also can't get your rate reduced with a premium subsidy on a Catastrophic plan.

Medicaid: Best if you have a low income

Medicaid is a government-funded health insurance program for people with low incomes. If you make less than about $1,700 per month as a single person or $3,500 per month as a family of four, you could qualify for Medicaid in Vermont. If you are pregnant, you can make more and still qualify.

If you are under age 19, you may qualify for Dr. Dynasaur coverage, which is Vermont's program for children and teens. Pregnant women can also qualify. Having Medicaid or Dr. Dynasaur coverage can reduce or even eliminate your medical bills.

Are health insurance rates going up in Vermont?

Health insurance rates have increased in Vermont for the 2024 plan year. Silver plans, which are the most popular option in the state, are 12% more expensive than in 2023.

Change (2023 to 2024)
Show All Rows

Monthly costs are for a 40-year-old.

Compare Health Insurance Quotes in Vermont

Currently insured?
No spam. No hassle. No hidden costs.

Best cheap health insurance companies in Vermont

There are only two health insurance companies that sell plans on Vermont Health Connect: MVP HealthCare and BlueCross BlueShield. Both companies get a rating of four out of five stars on, and both are available throughout the state.

Even so, BlueCross BlueShield is the best health insurance company in Vermont. Even though its plans can be more expensive than average, it has good customer satisfaction. And nearly all doctors and hospitals take BCBS coverage, which makes it easy to get medical care that your health insurance will cover.

Cheapest health insurance companies in Vermont

MVP Health Care logo
MVP HealthCare$900
BlueCross BlueShield  logo

Average monthly costs are for a 40-year-old buying a Silver plan in VT.

Cheapest health insurance plan by Vermont county

MVP HealthCare has the cheapest Silver health insurance plan throughout Vermont.

In Vermont, where you live in the state does not affect your health insurance rates. But that doesn't mean that every plan in your area has the same price, so it's still important to compare different plans and companies.

Cheapest Silver plan
Monthly rate
AddisonMVP Reflective Silver 3$831
BenningtonMVP Plus Reflective Silver 1$831
CaledoniaMVP Plus Reflective Silver 1$831
ChittendenMVP Plus Reflective Silver 1$831
EssexMVP Plus Reflective Silver 1$831
Show All Rows

Cheapest Silver plan with rates for a 40-year-old

Frequently asked questions

What company has the best Vermont health insurance?

BlueCross BlueShield has the best health insurance in Vermont, based on its customer satisfaction and plan quality. Doctors and hospitals usually accept BCBS coverage, which means you have more flexibility in choosing a covered health care location. But MVP HealthCare is also a good company, with four out of five stars on

What is Obamacare called in Vermont?

Vermont's state health insurance marketplace is called Vermont Health Connect. If you don't qualify for health insurance through your job, you can get a policy on Vermont Health Connect between Nov. 1 and Jan. 15 each year, unless you have a life change that qualifies you to get coverage outside this time period.

How much does health care cost in Vermont?

The amount you pay for health care in Vermont will depend on what tier of insurance you buy. A higher tier like Platinum or Gold pays for more of your medical costs, so what you pay for health care is lower. But you also pay a higher monthly rate for these plans. Silver plans, which cost an average of $908 per month in Vermont, are a good choice for most people.


To find the cost of health insurance in Vermont for 2024, ValuePenguin gathered rates from Vermont's health insurance exchange, Vermont Health Connect. We organized the plans by plan tier to find the cheapest plans and average costs. Age and tobacco use are not used to set premiums for health insurance in Vermont. KFF was used as a source for the most popular plan level in Vermont.

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.