How much should you spend on health insurance a month?
In 2020, the average national cost for health insurance is $456 for an individual and $1,152 for a family per month.
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Is 200 a month a lot for health insurance?
According to ValuePenguin, the average health insurance premium for a 21-year-old was $200 per month.
What is a reasonable amount to spend on health insurance?
A good rule of thumb for how much you spend on health insurance is 10% of your annual income. However, there are many factors to consider when deciding how much to spend on health insurance, including your income, age, health status, and eligibility restrictions.