How Much Does Health Insurance Cost in Maryland?
Maryland pricing is above the national average. Updated for 2024.
Health Insurance Pricing in Maryland
In Maryland, the average cost for health insurance is $518 per month (individual), which is 15% higher than the national average of $450. Most Maryland residents pay between $230 and $920.
Maryland has a higher cost of living than most states, which translates to higher labor rates and material costs. Urban areas within Maryland may be even higher.
Health insurance costs vary based on plan type, coverage level, age, location, and whether you receive subsidies through the ACA marketplace.
Maryland vs National Average
What Affects Health Insurance Cost in Maryland?
Plan Tier
Bronze: $250-$400/mo. Silver: $350-$550/mo. Gold: $450-$700/mo. Platinum: $550-$800/mo
Age
26-year-old: $250-$400. 40-year-old: $350-$550. 60-year-old: $600-$1,000
💡 Tips to Save on Health Insurance in Maryland
- 1.Check ACA marketplace for subsidies — most people qualify
- 2.Higher deductible plans have lower premiums if you're healthy
- 3.Compare plans during open enrollment
- 4.Use HSA-eligible plans to save pre-tax dollars
Frequently Asked Questions
What's the cheapest health insurance?
Catastrophic plans are cheapest ($150-$250/mo) but only available to those under 30. Otherwise, Bronze plans are the most affordable.