Michigan works with the federal exchange health insurance marketplace to oversee plan management. Michigan residents can complete their enrollment through the www.healthcare.gov website.
How to Buy Health Insurance in 2022
Most Michigan residents carry insurance through their employer. If you do not receive health insurance benefits through your employer or from the federal government, you can access the certified partner enrollment sites via healthcare.gov, where Michigan oversees the plan management. Michigan has expanded Medicaid eligibility under the ACA.
Insurance is provided at four different tiers with varying costs and options. These tiers are referred to as Bronze, Silver, Gold, and Platinum. For some low-income residents, health insurance may be available through Medicaid. Michigan also offers catastrophic insurance plans through the federal health exchange.
How to Apply for Health Insurance in Michigan
Enrollment is simple and can be done through the federal marketplace, healthcare.gov.
Health Insurance Carriers In Michigan
Michigan has nine health insurance carriers:
- Blue Care Network (Blue Cross HMO)
- Blue Cross Blue Shield of Michigan
- McLaren Health Plan
- Meridian (Ambetter as of 2021)
- Oscar Health
- Physicians Health Plan
- Priority Health
- Total Health Care USA
Michigan Health Insurance Costs Overview
Michigan offers four tiers of health insurance: Bronze, Silver, Gold, and Platinum.
How Much Does Health Insurance Cost in Michigan?
According to the KFF, the average monthly health insurance premium in Michigan is $340 per month in 2022.
What is the Cheapest Health Insurance Plan in Michigan?
The cheapest health insurance plan in Michigan is the one that covers your health needs. Contact us today to find the plan for you!
Cheapest Michigan Health Insurance Coverage by Metal Tier
Note that all costs are 2022 pricing from KFF. (source)
The average lowest cost premium of a Gold Plan in Michigan in 2022 was $374.
The average lowest cost premium of a Silver Plan in Michigan in 2022 was $335.
For a Bronze plan, the average lowest premium in 2022 was $251.
Other Types of Michigan Health Insurance Coverage
Catastrophic Health Insurance in Michigan
Catastrophic insurance plans have low monthly premiums but carry high deductibles. They are an affordable option to protect yourself financially from unexpected serious injury or illness. These plans are generally only available to qualifying individuals under the age of 30. Michigan’s cheapest catastrophic plan is the Blue Cross Select HMO Value Plan.
Short Term Health Insurance in Michigan
Short-term health insurance is available for purchase in Michigan but only with regulations. Michigan limits the duration of a short-term health insurance plan to no more than 185 days, and it prohibits policy renewals. Michigan residents cannot have more than one short-term health insurance policy within any 365-day period.
Low Income Health Insurance in Michigan
Low-income Michigan residents can apply for Medicaid.