2021 Affordable Health Insurance Plans in Louisiana

Enrolling in a health insurance plan in Louisiana is simple. For a list of available coverages and pricing on the federally operated Affordable Care Act-compliant marketplace, go to HealthCare.gov. Louisiana has a special enrollment period due to COVID-19 that runs through August 15, 2021.

Highlights and Updates

  • Louisiana residents can get health insurance coverage at HealthCare.gov on the federal marketplace.
  • In Louisiana, the American Rescue Plan offers premium subsidies to help cover the cost of health insurance premiums.
  • The special enrollment period runs through August 15, 2021.
  • Short-term health insurance in Louisiana is available for up to 36 months.
  • The average monthly benchmark premium for health insurance in Louisiana in 2021 is $545.
  • Louisiana has three healthcare providers through the state exchange: Blue Cross Blue Shield of Louisiana, HMO Louisiana, and Vantage Health Plan.
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How to buy Health Insurance in Louisiana 

Individuals in Louisiana who do not have health insurance via their job can purchase coverage through the federal marketplace. The metal tiers of health insurance are Bronze, Silver, and Gold.

Premiums and deductibles vary according to the level of insurance you choose. Residents with a low income may be eligible for a subsidy, tax credit, or Medicaid. Bronze-tier plans often feature the lowest premiums and the highest deductibles. The deductibles for Gold plans are lower, but the premiums are more expensive.

How to Apply for Health Insurance in Louisiana

Visit the federal marketplace at Healthcare.gov to get health insurance in Louisiana. Enter your information and browse the list according to tier or price.

Health Insurance Carriers in Louisiana

Louisiana has three health insurance companies offering coverage on the federal marketplace: Blue Cross Blue Shield of Louisiana, HMO Louisiana, and Vantage Health Plan.

What are the Cheapest Health Insurance Companies in Louisiana?

Louisiana has three health insurance providers to choose from on the federal exchange:

The most affordable policies depend on your county of residence. Overall, health insurance premiums in Louisiana are 6.9% more expensive in 2021.

How has Obamacare Helped Louisiana’s Uninsured?

In 2016, the uninsured rate in Louisiana dropped from 16.6% to 10.3%. According to recent estimates, around 91% of residents are receiving premium subsidies to lower coverage costs. Since March 2021, over 617,000 low-income individuals in Louisiana receive Medicaid.

Louisiana Health Insurance Costs Overview

The three metal health insurance tiers in Louisiana are Bronze, Silver, and Gold. Gold plans typically include the most comprehensive services but have the highest premiums. Bronze plans have low monthly rates but limited services and high deductibles.

How Much Does Health Insurance Cost in Louisiana?

According to the KFF, the average benchmark premium in Louisiana for 2021 is $545.

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What is the Cheapest Health Insurance Plan in Louisiana?

The average premium for the Bronze metal tier health insurance in Louisiana in 2021 is $410. For the Silver-tier plan, the average premium is $502, and the Gold plan average is $614.

Cheapest Louisiana Health Insurance Coverage by Metal Tier

According to the HealthCare.gov website, the average cost of coverage under each metal tier is listed below. This example shows pricing for a 40-year-old man in good health earning $75,000 per year.

Bronze Plans

The HMO Louisiana Community Blue Bronze plan is the most affordable Bronze tier coverage with monthly premiums of $379. Coverage includes a $4,550 deductible and an out-of-pocket maximum of $8,550.

Silver Plans

The HMO Louisiana Precision Blue Silver plan is the most affordable Silver-tier coverage with monthly premiums of $476. The deductible is $3,400, and the out-of-pocket maximum is $8,550.

Gold Plans

The HMO Louisiana Community Blue Copay Gold plan is the most affordable Gold-tier coverage costing $565 monthly. The deductible is $1,000, and the out-of-pocket maximum is $8,550.

Louisiana Health Insurance Costs by Occupation

Residents in Louisiana who do not have access to employer-sponsored health insurance, such as the self-employed and early retirees, can use the federal marketplace to obtain coverage.  

What is the Average Cost of Health Insurance for a Student in Louisiana?

In Louisiana, dependents can remain on their parent’s insurance until they reach the age of 26. Additionally, with an individual policy, students can get low-cost comprehensive care. Tuition may include a student health fee, providing access to medical services.

What is the Average Cost of Health Insurance for the Self-Employed in Louisiana?

You can sign up for coverage through the federal marketplace if you are self-employed in Louisiana and have a tax return from 2020. Self-employed individuals will need to estimate their projected earnings for the coverage year since rates are not based on your income from the previous year.

What is the Average Cost of Health Insurance for Small Business Owners in Louisiana?

The SHOP program helps small businesses in Louisiana with 50 full-time employees or less get coverage for employees. For a 40-year-old with Silver-tier coverage, the lowest typical SHOP premium is $416.

Louisiana Health Insurance Costs by Number of Participants

Individuals, families, and children all have different health insurance premiums in Louisiana.

What is the Average Cost of Health Insurance for Families in Louisiana?

The minimum monthly premium cost for Bronze tier health insurance for a non-smoking spouse with two young children earning $75,000 is $1,295. A tax credit or subsidy may be available to some families, lowering the monthly cost.

What is the Average Cost of Health Insurance for Individuals in Louisiana?

The benchmark premium for individual coverage in Louisiana across all health insurance tiers is $545. 

What is the Average Cost of Health Insurance for a Child in Louisiana?

LaCHIP offers affordable coverage in Louisiana for children of low-income parents. Children up to age 19 can get free insurance to cover doctor’s visits and more.

Other Types of Louisiana Health Insurance Coverage

Other forms of health insurance coverage offered in Louisiana include Catastrophic, Short-Term, and Medicaid.

Catastrophic Health Insurance in Louisiana

Those under 30 or qualifying for a hardship exemption may be eligible for Catastrophic Health Insurance in Louisiana. With these plans, you’ll have a high deductible of around $8,150, which are typically only for worst-case scenario protection.

Short Term or Temporary Health Insurance in Louisiana

You can purchase Short-Term Health Insurance in Louisiana for up to one year and renew coverage for up to 36 months. There are five Louisiana insurers offering Short-Term Insurance: Vantage, United HealthCare, National General, Independence American Insurance Company, and Blue Cross Blue Shield of Louisiana.

Low-Income Health Insurance in Louisiana

Eligible, low-income residents in Louisiana can obtain Medicaid at the Louisiana Online Application Center for Medicaid. Louisiana’s Medicaid expansion for 2021 will help over 639,000 low-income residents obtain coverage.

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