Besides Silver plans, several metal plan tiers are available in Georgia with various premiums, deductibles and out-of-pocket maximums.
MoneyGeek also found the best health insurance in Georgia by analyzing providers and plans balance cost and service.
Most Affordable Health Insurance in Georgia
Cheapest Health Insurance in Georgia by Metal Tier
Friday Standard Silver by Friday Health Plans of Georgia Inc is the most affordable Silver plan in Georgia, costing an average of $377 per month.
Your insurance cost will increase if you opt for a Gold or Platinum plan. However, the more expensive plans provide better coverage.
The cheapest plans in Georgia by metal tier are:
- Catastrophic: SoloCare Catastrophic No Referral HMO 110023 by Alliant ($255)
- Bronze: SoloCare HMO Bronze Standardized by Alliant ($295)
- Expanded Bronze: SoloCare HMO Expanded Bronze Standardized by Alliant ($297)
- Silver: Friday Standard Silver by Friday Health Plans of Georgia Inc ($377)
- Gold: Clear Gold by Ambetter ($411)
- Platinum: SoloCare Platinum PPO Copay Plan 40348 by Alliant ($577)
The most affordable health insurance plans in Georgia only cover basic medical expenses. Valuable metal tiers like Gold or Platinum cost more but might suit you if you want lower out-of-pocket maximums and extended coverage.
Plans on the health insurance exchange are categorized based on metal tiers. Valuable metal tiers (like Gold or Platinum) are more expensive but let you save money on out-of-pocket costs. Silver plans are the most balanced — offering you lower deductibles if you have a low income.
Consider opting for less valuable metals if you’re young and healthy. However, you should choose a more expensive plan if you need frequent medical care.
Resource: Learn more about metal tiers
Cheapest Silver Plans in Georgia
Friday Health Plans of Georgia Inc offers the Friday Standard Silver, the cheapest Silver plan in Georgia, with an average cost of $377 per month.
The following Silver plans are the most affordable options in Georgia:
- Friday Standard Silver from Friday Health Plans of Georgia Inc: $377 per month
- Friday Silver from Friday Health Plans of Georgia Inc: $387 per month
- Friday Silver + Vision Exam from Friday Health Plans of Georgia Inc: $387 per month
Silver plans are ideal if you have a low income, as these plans offer lower deductibles. Cost-sharing reductions are also available with these plans if you qualify.
In this section, MoneyGeek focuses its recommendations on HMO plans. They are the most accessible plans for residents of Georgia.
Cheapest Gold Plans in Georgia
Clear Gold by Ambetter is the cheapest Gold plan in Georgia at an average price of $411 per month. MoneyGeek found that the following Gold plans are the most affordable:
- Clear Gold from Ambetter: $411 per month
- CMS Standard Gold from Ambetter: $412 per month
- Everyday Gold from Ambetter: $416 per month
Gold plans cost more but have lower deductibles than Silver plans. However, cost-sharing reductions aren’t available with these plans.
Cheapest Bronze Plans in Georgia
The cheapest Bronze plan in Georgia is SoloCare HMO Bronze Standardized by Alliant, with an average monthly cost of $295.
The following are some of the most affordable Bronze plans in Georgia:
- SoloCare HMO Bronze Standardized from Alliant: $295 per month
- CMS Standard Bronze from Ambetter: $330 per month
- CareSource Marketplace Bronze from CareSource: $330 per month
Bronze plans suit you if you have fewer health care needs, as these plans have high deductibles but lower monthly costs.
Cheapest Expanded Bronze Plans in Georgia
SoloCare HMO Expanded Bronze Standardized from Alliant is the most affordable option for Expanded Bronze plans in Georgia. The average cost of this plan is $297 per month.
The following are the least expensive Expanded Bronze plans in Georgia:
- SoloCare HMO Expanded Bronze Standardized from Alliant: $297 per month
- SoloCare Bronze No Referral HMO 110015 from Alliant: $319 per month
- SoloCare Bronze No Referral HMO 110011 from Alliant: $320 per month
Expanded Bronze plans cover at least one major health service — like specialist visits, primary care visits or inpatient hospital services — before the deductible is met. You may have a copay or co-insurance with these plans.
Cheapest Catastrophic Plans in Georgia
SoloCare Catastrophic No Referral HMO 110023 by Alliant is the cheapest Catastrophic plan with an average cost of $204 per month.
The following Catastrophic plans are the top three cheapest options in Georgia for a 26-year-old buyer:
- SoloCare Catastrophic No Referral HMO 110023 from Alliant: $204 per month
- Friday Catastrophic from Friday Health Plans of Georgia Inc: $223 per month
- Secure by Oscar: $240 per month
Catastrophic health plans have low monthly premiums but come with higher deductibles. These plans usually cover essential health benefits and may suit you best if you’re under 30.
Cheapest Platinum Plans in Georgia
SoloCare Platinum PPO Copay Plan 40348 from Alliant is the most affordable Platinum plan in Georgia. The average monthly cost of this plan is $577.
Some of the cheapest Platinum plans in Georgia, based on MoneyGeek’s research, are:
- SoloCare Platinum PPO Copay Plan 40348 from Alliant: $577 per month
- SoloCare Platinum PPO Copay Plan 40184 from Alliant: $592 per month
- SoloCare PPO Platinum Standardized by Alliant: $612 per month
Platinum plans have the highest monthly costs compared to other metal tiers. However, these plans significantly lower your out-of-pocket expenses.
Cheapest Health Insurance in Georgia for Those With Low Income
Individuals with an income less than 250% of the Federal Poverty Level (FPL) can benefit from cost-sharing reductions (CSRs) — discounts that lower your out-of-pocket expenses after treatment.
Friday Standard Silver is the most affordable plan for low-income individuals in Georgia. It has the following maximum out-of-pocket costs adjustments:
- Income lower than $20,385 per year: Friday Standard Silver ($1,700 MOOP)
- Income from $28,386 to $27,180 per year: Friday Standard Silver ($3,000 MOOP)
- Income from $27,181 to $47,565 per year: Friday Standard Silver ($7,200 MOOP)
These numbers are for individuals only and depend on your household size. CSRs are only available for Silver plans in Georgia.
Plans with cost-sharing reductions do not have lower monthly costs. Instead, these plans help you lower your deductible, out-of-pocket maximum and copay by covering a higher share of your health care expenses when you get treatment.
For instance, the Friday Standard Silver plan costs $377 for both standard and low-income individuals. However, the out-of-pocket maximum (MOOP) for both individuals differs significantly. An individual with an income below 150% of the FPL only has to pay $1,700 in average MOOP costs vs. the $8,900 standard cost.
The Cheapest Health Insurance in Georgia by Plan Type
The most common plan type in Georgia is a Health Maintenance Organization (HMO) plan. However, alternative plan types are available, like Preferred Provider Organization (PPO) plans.
The cheapest health insurance in Georgia for other plan types is:
- PPO: SoloCare Silver PPO 40017 from Alliant ($417 per month)
Although HMO plans have lower monthly costs, they restrict out-of-network coverage. PPO plans are more flexible but cost more.
HMO plans are the most common in Georgia. However, various companies also offer other types of health insurance, like PPO plans.
- HMO Plans: These plans cost less but have restrictions on out-of-network coverage and require a referral to see a specialist. However, you can get out-of-network coverage in an emergency.
- PPO Plans: Although PPO plans allow out-of-network coverage and don’t require a referral to see a specialist, they cost more than other plans.
Cheapest Health Insurance in Georgia by County
Not all plan types are available throughout Georgia, so the most affordable plans may differ by county.
Based on MoneyGeek’s analysis, the following Silver plans are the cheapest in Fulton, Georgia’s largest county and Taliaferro, the smallest county:
- Fulton County: Cigna Connect 3700 ($428 per month)
- Taliaferro County: Friday Standard Silver ($414 per month)
Use the table below to browse different Silver plan options based on your county.
Health Insurance Costs in Georgia by Age and Metal Tier
Monthly health insurance expenses in Georgia will significantly depend on your age and metal tier. For instance, the average costs of each metal tier for a 40-year-old are:
- Bronze: $386
- Catastrophic: $300
- Expanded Bronze: $414
- Silver: $920
- Gold: $970
- Platinum: $602
Your monthly premiums will increase as you age. For example, a Silver plan for a young adult costs $737, while the average cost increases to $1,953 for a senior.
What to Know About Georgia Health Insurance
MoneyGeek gathered data from private health insurance plans to help you find the most affordable health insurance in Georgia. These plans are intended for people with varying coverage needs, and you can sign up during the open enrollment period.
Seniors or low-income individuals can also opt for government health programs like Medicare or Medicaid.
Private Health Insurance in the Georgia Marketplace
In Georgia, you can purchase a private health plan during the open enrollment period, which is from November 1 to January 15. However, you must enroll before December 15 if you want your coverage to start on January 1. Signing up early for a plan will give you enough time to make adjustments before the enrollment period ends.
You can also purchase or modify a plan after open enrollment if you qualify for a special enrollment period. Situations that make you eligible for special enrollment are a change in the number of people in your household, loss of income, changes in residence and various other life events.
What Are Health Insurance Metal Tiers?
Based on MoneyGeek’s data, the health insurance plans in Georgia are based on metal tiers. We found that insurance companies offer the following plans:
- Catastrophic: You can qualify for a Catastrophic plan if you are under 30 or meet certain exemptions. These plans only cover severe illnesses or injuries. They have higher deductibles and out-of-pocket maximums, so you must cover routine medical expenses yourself.
- Bronze: Although Bronze plans have higher out-of-pocket costs, they have lower premiums. Such plans will suit those in good health who don’t need much medical care.
- Expanded Bronze: These plans are similar to Bronze plans but provide more coverage and cost less in an emergency.
- Silver: Opt for these plans if you want a balance between monthly premiums and MOOP costs. These plans also offer copay, deductible and co-insurance discounts, known as cost-sharing reductions.
- Gold: One of the most expensive health plans, Gold plans offer lower deductibles and MOOPs.
- Platinum: These plans are the most expensive and ideal for people who need frequent medical care.
Medicaid in Georgia
Medicaid is a government and state-supported program that provides health insurance to qualifying individuals. You can qualify for Medicaid in Georgia if you’re pregnant, disabled or have a low family income.
Medicare in Georgia
Medicare, a federal health care program, provides health insurance to seniors over 65 or individuals with certain illnesses or disabilities. Medicare plans are significantly cheaper than plans offered by private health insurers. Plans have the following three parts:
- Part A: Covers various health care services like hospital stays, hospice care and stays in a skilled nursing facility.
- Part B: Offers coverage for outpatient medical services, including doctor visits and preventative services.
- Part D: Provides prescription drug and vaccine coverage.
Georgia Health Insurance Frequently Asked Questions
The following commonly asked questions help you understand essential factors like the cost of a plan and its availability.
About Mark Fitzpatrick
- HealthCare.gov. "Special Enrollment Period." Accessed November 23, 2022.
- HealthCare.gov. "The health plan categories: Bronze, Silver, Gold & Platinum." Accessed January 11, 2023.
- HealthCare.gov. "Special enrollment opportunities." Accessed January 11, 2023.
- HealthCare.gov. "Federal poverty level (FPL)." Accessed January 11, 2023.