catastrophic plans
catastrophic plans

Best Cheap Health Insurance in Hawaii (2023)

For 2023, the average health insurance cost in Hawaii is $421 per month for a 40-year-old across all plan tiers, which is 3% more expensive than the average cost for 2022.

We researched all of the health insurance policies in the state and found that KP HI Silver 4000/45 from Kaiser Permanente is the cheapest Silver health plan in every county. However, the Hawaii Medical Service Association (HMSA) offers the lowest-cost Catastrophic, Gold and Platinum health plans in Hawaii, making it the most affordable insurer for some of the more basic or comprehensive policies.

Hawaii residents can often find affordable coverage options on the health insurance exchange.

With five different plan tiers offered in Hawaii, knowing which coverage to choose can be difficult. To help with your search, we compared all of the policies in Hawaii to find the most affordable health insurance option at each level of coverage offered on the health insurance exchange.

Catastrophic HMSA Catastrophic Plan $177 $9,100 $9,100
Bronze KP HI Bronze 6500/30% $330 $6,500 $9,100
Silver KP HI Silver 4000/45 $471 $4,000 $8,900
gold HMSA Gold PPOII $439 $2,000 $8,700
Platinum HMSA Platinum PPO $561 $0 $3,000

As you can see above, health plans with higher monthly premiums tend to have lower out-of-pocket costs if you do use your insurance.

For example, the monthly premium on the cheapest Bronze plan for a 40-year-old in Hawaii is $330, which is $231 cheaper than the premium for the cheapest Platinum plan. But the cheapest Bronze plan has a $6,500 deductible, whereas the Platinum plan has a $0 deductible.

Metal tiers and age are two important factors when insurers determine the actual cost of your health insurance plan. As the plan tier becomes higher, your coverage increases, but your monthly premium typically increases as well. And as you

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