Health Insurance

Best Cheap Health Insurance in West Virginia 2021

Best Cheap Health Insurance in West Virginia 2021

Find Cheap Health Insurance Quotes in West Virginia

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Affordable health insurance in West Virginia can be purchased through the state insurance exchange or acquired through Medicaid if your household income falls below 138% of the federal poverty level.

The average monthly health insurance premium is $712 in West Virginia for a 40-year-old — this represents a 6% increase over the past year.

Select a plan tier to learn more:

After comparing Silver health insurance policies, we concluded that the CareSource Marketplace Low Premium Silver is the cheapest Silver plan in the state. Policies are available from two major insurers: CareSource West Virginia Co. and Highmark Blue Cross Blue Shield West Virginia. Both companies offer a variety of health insurance policies across all metal tiers.

Cheapest health insurance by metal tier

To help you find your best policy, we compared all health plans on the West Virginia exchange and identified a cheap health insurance policy for each level of coverage. The table below shows the cheapest health insurance policy for each metal tier, along with each plan's deductible, out-of-pocket maximum and premium. These plans should be used as an initial point for evaluating your health insurance needs and the coverage you can expect from a given metal tier.

Metal tierCheapest planDeductibleMaximum out-of-pocketMonthly cost for a 40-year-old
Expanded BronzeCareSource Marketplace Bronze$7,700$8,550$426
SilverCareSource Marketplace Low Premium Silver$6,000$8,550$451
GoldCareSource Marketplace Gold$2,000$6,500$689

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As you can see in the table above, health insurance in West Virginia is divided into three different metal tiers: Expanded Bronze, Silver and Gold. The higher tiers have the most expensive premiums along with the smallest deductibles, while a tier like Expanded Bronze has high deductibles with cheap monthly premiums.

One of the key factors in determining the price of a health insurance policy is age. The graph below shows the average costs of health insurance depending on the metal tier of the policy and the age of the insured. For example, for an Expanded Bronze health plan, a 40-year-old will pay 28% more on average per month in premiums for the same coverage as a 21-year-old. This jump in monthly costs becomes even larger for a 60-year-old who will pay 112% more than a 40-year-old for Expanded Bronze coverage.

Average Monthly Cost of Health Insurance Plans by Metal Tier in West Virginia

Finding your best health insurance coverage in West Virginia

The best health insurance coverage for you in West Virginia should be determined by taking into account your county, level of income and expected medical expenses. West Virginia opted to expand its Medicaid plan under the Affordable Care Act (ACA). This allows individuals with household incomes below 138% of the federal poverty level to be eligible for Medicaid coverage.

If you do not fall into this category, you can buy health insurance on the West Virginia exchange. The plans offered to you will be dependent on your county, but all residents can choose among policies at all metal tiers. The tiers vary by their typical premium amounts, deductibles and other out-of-pocket expenses.

Start by shopping for Silver plans

Silver plans are typically middle-ground policies that fall in between Gold and Expanded Bronze plans with regard to premiums and deductibles. For example, in West Virginia, the monthly health insurance cost of a Silver plan for a 40-year-old is $694 on average. This is $180 less than a Gold plan, whose premium is $874 per month. So, unless you believe you are very healthy or know you will have large medical expenses, we would recommend considering a Silver health plan.

All metal tiers offer premium tax credits, but Silver plans are eligible for extra cost-sharing reductions if you fall below 250% of the federal poverty line. In this case, you would be eligible to receive discounts on your deductible, copayments and coinsurance.

The cheapest Silver plan in West Virginia is the CareSource Marketplace Low Premium Silver. Compare all tiers in West Virginia above.

Gold plans: Best if you expect high medical costs

Gold plans are the highest tier plans available in West Virginia. A Gold health plan has the most expensive monthly premiums but also the lowest level deductible. Gold plans work well if you expect to have high medical costs throughout the year. For example, if you need prescription drugs, a Gold plan with a low deductible might allow you to save money.

The cheapest Gold plan in West Virginia is the CareSource Marketplace Gold. Compare all tiers in West Virginia above.

Expanded Bronze plans

Expanded Bronze plans are health insurance policies with lower premiums and higher deductibles. These types of health plans are best suited for healthy and young people who expect to not have many medical expenses throughout the year. These policies only provide most of their coverage if you have surpassed the high deductible level, such as in the case of an extreme medical emergency where there are very high medical costs.

The cheapest Expanded Bronze plan in West Virginia is the CareSource Marketplace Bronze. Compare all tiers in West Virginia above.

Health insurance companies in West Virginia

West Virginia residents can choose between two insurance providers on the state marketplace: CareSource West Virginia Co. and Highmark Blue Cross Blue Shield West Virginia. Both companies offer a variety of policies, but you could be limited to certain health plans depending on the county you live in. For example, CareSource West Virginia Co. only offers health insurance in 44 counties, while Highmark Blue Cross Blue Shield is available everywhere in West Virginia.

Cheapest health insurance plan by county

Depending on where you live, you may pay a different premium for a particular health insurance policy, since prices are determined by county. The CareSource Marketplace Low Premium Silver plan, for instance, costs 49% more for a 40-year-old in Logan County than it would for the same person in Brooke County. To help you find the best-priced coverage, below we have provided a list of the cheapest Silver health insurance policies available in West Virginia by county, as well as sample rates depending on the size of your family.

CountyCheapest Silver planSingle adult, age 40Couple, age 40Couple, age 40 plus child
BarbourCareSource Marketplace Low Premium Silver$615$1,470$1,107
BerkeleyCareSource Marketplace Low Premium Silver$550$1,314$989
BooneCareSource Marketplace Low Premium Silver$658$1,574$1,185
BraxtonCareSource Marketplace Low Premium Silver$565$1,352$1,018
BrookeCareSource Marketplace Low Premium Silver$451$1,078$812
CabellCareSource Marketplace Low Premium Silver$623$1,491$1,122
CalhounCareSource Marketplace Low Premium Silver$565$1,352$1,018
ClayCareSource Marketplace Low Premium Silver$565$1,352$1,018
DoddridgeCareSource Marketplace Low Premium Silver$546$1,306$983
FayetteCareSource Marketplace Low Premium Silver$565$1,352$1,018
GilmerCareSource Marketplace Low Premium Silver$546$1,306$983
GrantCareSource Marketplace Low Premium Silver$490$1,173$883
GreenbrierCareSource Marketplace Low Premium Silver$565$1,352$1,018
HampshireCareSource Marketplace Low Premium Silver$490$1,173$883
HancockCareSource Marketplace Low Premium Silver$451$1,078$812
HardyCareSource Marketplace Low Premium Silver$490$1,173$883
HarrisonCareSource Marketplace Low Premium Silver$615$1,470$1,107
JacksonCareSource Marketplace Low Premium Silver$496$1,186$893
JeffersonCareSource Marketplace Low Premium Silver$550$1,314$989
KanawhaCareSource Marketplace Low Premium Silver$637$1,523$1,146
LewisCareSource Marketplace Low Premium Silver$546$1,306$983
LincolnCareSource Marketplace Low Premium Silver$658$1,574$1,185
LoganCareSource Marketplace Low Premium Silver$658$1,574$1,185
MarionCareSource Marketplace Low Premium Silver$546$1,306$983
MarshallCareSource Marketplace Low Premium Silver$451$1,078$812
MasonCareSource Marketplace Low Premium Silver$623$1,491$1,122
McDowellCareSource Marketplace Low Premium Silver$658$1,574$1,185
MercerCareSource Marketplace Low Premium Silver$544$1,301$979
MineralCareSource Marketplace Low Premium Silver$490$1,173$883
MingoCareSource Marketplace Low Premium Silver$658$1,574$1,185
MonongaliaCareSource Marketplace Low Premium Silver$546$1,306$983
MonroeCareSource Marketplace Low Premium Silver$544$1,301$979
MorganCareSource Marketplace Low Premium Silver$490$1,173$883
NicholasCareSource Marketplace Low Premium Silver$565$1,352$1,018
OhioCareSource Marketplace Low Premium Silver$451$1,078$812
PendletonCareSource Marketplace Low Premium Silver$490$1,173$883
PleasantsCareSource Marketplace Low Premium Silver$496$1,186$893
PocahontasCareSource Marketplace Low Premium Silver$615$1,470$1,107
PrestonCareSource Marketplace Low Premium Silver$615$1,470$1,107
PutnamCareSource Marketplace Low Premium Silver$623$1,491$1,122
RaleighCareSource Marketplace Low Premium Silver$544$1,301$979
RandolphCareSource Marketplace Low Premium Silver$615$1,470$1,107
RitchieCareSource Marketplace Low Premium Silver$496$1,186$893
RoaneCareSource Marketplace Low Premium Silver$565$1,352$1,018
SummersCareSource Marketplace Low Premium Silver$544$1,301$979
TaylorCareSource Marketplace Low Premium Silver$615$1,470$1,107
TuckerCareSource Marketplace Low Premium Silver$615$1,470$1,107
TylerCareSource Marketplace Low Premium Silver$496$1,186$893
UpshurCareSource Marketplace Low Premium Silver$615$1,470$1,107
WayneCareSource Marketplace Low Premium Silver$623$1,491$1,122
WebsterCareSource Marketplace Low Premium Silver$615$1,470$1,107
WetzelCareSource Marketplace Low Premium Silver$546$1,306$983
WirtCareSource Marketplace Low Premium Silver$496$1,186$893
WoodCareSource Marketplace Low Premium Silver$496$1,186$893
WyomingCareSource Marketplace Low Premium Silver$658$1,574$1,185

Average cost of health insurance by family size in West Virginia

Along with age and your county of residence, the size of your family will directly impact health insurance costs. For example, the average Silver health insurance policy that covers a family of three, with a couple and one child, would be 30% more expensive in West Virginia than a policy designed to supply coverage for just a couple.

The table below shows the average monthly premium costs for families based on the number of people covered. As you can see, the average cost to add a child under the age of 15 is $415. This is much lower than the average cost of adding an adult to your health insurance policy, which is $694.

Family sizeAverage monthly cost of health plan
Individual plus child$1,110
Couple, age 40$1,389
Family of three (adult couple and a child)$1,804
Family of four (adult couple and two children)$2,220
Family of five (adult couple and three children)$2,636
Adults are assumed to be 40 years old. Children are assumed to be 14 or younger. Sample rates are based on the average cost of a Silver plan in West Virginia.

Health insurance rate changes in West Virginia

The costs of health insurance plans are set by each insurer offering coverage in West Virginia, though rate schedules are given to the state exchange for approval.

Across all policies, the average cost of a health plan in West Virginia increased by 12% since 2020.

Metal tier2020 premium2021 premium% Change
Catastrophic$477$4820.89%
Expanded Bronze$594$6417.84%
Silver$658$6945.52%
Gold$845$8743.38%
Rates are based on a 40-year-old adult.

Methodology

West Virginia health insurance policy data was aggregated from filings on the Centers for Medicare & Medicaid Services (CMS) government website. ValuePenguin calculated average rates across metal tier, county and family size using the CMS Public Use Files (PUF).

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.