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Generally the cheapest coverage would be an HSA qualified high deductible plan. The problem is, most people define 'cheapest' solely in terms of premium. That is only one component of 'cost'. The real question is, what is he cheapest health insurance for you based on how you use medicla services.
Many policies reduce pricing by eliminating benefits. Maternity and perscription drugs are the two most common. If you are not going to have children and never take drugs then this type of plan may be a good option for now and hopefully you change coverages before your needs change.
To find the cheapest plan for you add up the premiums for a year + what YOU have to pay for services you could realistically expect to need under that policy. What you may find is that the CHEAPEST is not the best VALUE.
First answer by Critmark. Last edit by Critmark. Contributor trust: 256 [recommend contributor]. Question popularity: 7 [recommend question]
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