2021 Affordable Health Insurance Plans in Nebraska

The state of Nebraska offers affordable health insurance and has even seen a drop in monthly premiums in 2021. Its average monthly premium of $699 puts it in second place for the most expensive premiums behind Wyoming and well above the nationwide average of $452 per month.

There are many programs in place to help low-income Nebraskans afford health insurance. Nebraska has opted for a federally-run exchange instead of a state-run marketplace – this means the federal government runs most aspects of it. However, the state government still oversees the participating health plans.

Highlights and Updates

  •       Costs for health insurance plans decreased by over 2% on average this year.
  •       The average monthly benchmark premium cost in Nebraska is $699.
  •       Nebraska has the dubious distinction of having the second-highest health insurance rates in the country, behind Wyoming.
  •       Nebraska has a total of two health insurance carriers on their state exchange.
  •       Short-term plans are available for up to 364 days in Nebraska, with a unique short-term plan available for farmers offered in partnership with the Farm Bureau.
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How to buy Health Insurance in Nebraska

You can compare plans and purchase health insurance in Nebraska at www.healthcare.gov. The COVID-19 relief window means open enrollment continues through August 15, 2021.

How to Apply for Health Insurance in Nebraska

Go to www.healthcare.gov to apply for health insurance in Nebraska. The exchange is federally run in Nebraska rather than state-run.

Health Insurance Carriers In Nebraska

There are two health insurance carriers offering plans on the exchange in Nebraska in 2021:

  • Bright Health Insurance Company
  • Medica Insurance Company

What are the Cheapest Health Insurance Companies in Nebraska?

The Medica health insurance plans tend to be the cheapest across all tiers for Nebraskans. Health insurance costs can vary depending on many factors, such as the county you reside in, your age, and how many people are in your family.

How has Obamacare Helped Nebraska’s Uninsured?

The number of uninsured people declined in Nebraska by 23% between 2013 and 2016 – the years immediately after Obamacare was introduced. Nebraska voted to expand Medicaid coverage under the ACA in 2020 to allow more adults access to the program.

Nebraska Health Insurance Costs Overview

Four tiers of health insurance coverage are available in Nebraska – Gold, Silver, Expanded Bronze, and Catastrophic. Costs in each tier have decreased in 2021.

How Much Does Health Insurance Cost in Nebraska?

Nebraska is one of the most expensive health insurance markets in the United States.  In 2021, the average benchmark monthly health insurance premium in Nebraska for a 40-year-old is $699.

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What is the Cheapest Health Insurance Plan in Nebraska?

The cheapest health insurance plan in Nebraska is the Medica with CHI Health Catastrophic, which has a premium of $260, a deductible of $8,550, and an out-of-pocket maximum is $8,550.

Cheapest Nebraska Health Insurance Coverage by Metal Tier

Gold Plans

The most affordable Gold Plan is the Medica with CHI Health Gold Copay. The premium costs $517 per month, with a deductible of $1,150 and an out-of-pocket maximum of $7,950.

Silver Plans

Medica with CHI Health Silver Copay is the cheapest of the available silver plans with a premium of $527 per month, a deductible of $4,800, and an out-of-pocket maximum of $8,150.

Expanded Bronze Plans

The cheapest bronze plan is the Medica with CHI Health Bronze Copay, which has a premium of $359, with a deductible of $7,000. The out-of-pocket maximum is $8,300.

Catastrophic Plans

The most affordable Catastrophic Plan in Nebraska in 2021 is the Medica with CHI Health Catastrophic. The premium costs $260 per month, with a deductible of $8,550 and an out-of-pocket maximum of $8,550.

Nebraska Health Insurance Costs by Occupation

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

There are many options for college and university students living in Nebraska. Full-time students between the ages of 17 and 29 may purchase a student health plan. They may elect to remain under their parent’s coverage if they are students and under the age of 26.

Some students may qualify for Medicaid or receive subsidies if they purchase an individual health insurance plan. Some universities and colleges sell their own health insurance plans to their students – this may be a cost-effective option for students in Nebraska.

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

Self-employed Nebraskans may purchase an individual plan on the exchange from either of the two carriers, Medica or Bright Health. Nationwide averages show self-employed people pay approximately $484 per month for individual coverage, although residents in Nebraska may qualify for subsidies to help with the costs.

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

According to the Nebraska Small Business Resources, the average cost for health insurance premiums for small business owners per month per employee is $233.

Nebraska Health Insurance Costs by Number of Participants

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

Prices vary depending on many factors, but on average, a family of three can expect to pay $2,006 per month in health insurance premiums. That cost rises to $2,468 for a family of four and $2,930 for a family of five.

A couple may expect to pay $1,544 per month, while a single parent with one child could pay $1,234 monthly.

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

In Nebraska, the benchmark price of health insurance for a 40-year-old individual is $699 per month.

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

Nebraskan children may be covered under their parent’s policy, or they may qualify for Child Health Plus or Medicaid.  

Other Types of Nebraska Health Insurance Coverage

Catastrophic Health Insurance in Nebraska

Catastrophic health insurance plans are available for purchase in Nebraska and offer the cheapest rates of all the tiers.

Short Term or Temporary Health Insurance in Nebraska

Short-term health insurance plans are available for purchase in Nebraska. These short-term plans can last up to 364 days. Medica is offering a short-term plan in conjunction with the Farm Bureau designed for farmers.

Low-Income Health Insurance in Nebraska

Nebraska offers many plans to help its low-income residents afford health insurance plans. The Nebraska Medicaid program is available to lower-income individuals and families through the state and federal government. There is also Nebraska Family Health Services to serve infants, children, and adolescents.

Finally, the state also offers a program through the Nebraska Office of Minority Health Services to reduce disparities in health status among different races. The government just voted to expand Medicaid availability in 2020 – this should result in more adults being eligible for Medicaid.

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